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Ren's Group
In this Group: Ren, Chantha, Mao
Ren is a 52-year-old resident living in a rural area of Kror Kor district of Pursat province, Cambodia. She is a widow with four children, all of whom are employed as paid workers. Ren has five years of experience working as a paid worker and groceries seller. She has been with VisionFund for three loan cycles, with which she succeeded in relieving her family’s burden. She is now leading her group members, Chantha and Mao, to take out a loan in the amount of 2,500,000KHR, 2,500,000KHR, 2,000,000KHR, respectively. With her loan portion, Ren plans on buying pigs and pig feed. After receiving her requested loan portion and efficiently using it, she hopes that the pig-raising business that she plans on doing will help her improve the living standard of her family remarkably.

Additional Information

About VisionFund Cambodia

VisionFund Cambodia is a Christian organization and microfinance institution that provides small loans and other financial services to improve the lives of children, empower poor women and their families, and grow successful businesses. The organization works primarily in rural parts of Cambodia and has distinguished itself by targeting the very poor who require smaller loan sizes, regardless of religious beliefs, gender or ethnic background.

Kiva lenders’ funds will help the organization to expand into the northeastern provinces of the country, which have historically been underserved and difficult to reach with financial services.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Cambodia

  • $2,600
    Average annual income
  • 104
    View loans »
    Cambodia Loans Fundraising
  • $36,157,725
    Funds lent in using Kiva
  • 4,031.6
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Ren's Group's $1,750 loan helped a member to buy pigs and pig feed.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 14, 2012
Listed
Nov 1, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014