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Soeurt's Group
In this Group: Soeurt, Sorl, Sreynin
Residing from Sangke district of Cambodia, Soeurn needs to support her entire family through rice farming. She has seven children, three of whom are still in school. She grows paddy rice and it is the only business that she has done for 30 years. Soeurt's group consists of three female members; she and one of her co-members are fifth-time borrowers while the remaining member is a third-time borrower. Soeurn has managed to pay back her entire past loan with success and it has helped her to overcome her family's hardships in time. Now, she is the leader of this group. For her loan portion, she is going to purchase fertilizer and rice-seed. She hopes to increase crop output and maximize her profit.

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
  • 4,026.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Soeurt's Group's $875 loan helped a member to purchase fertilizer and rice seed.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Sep 14, 2012
Listed
Nov 1, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013