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Pheakdey's Group
In this Group: Pheakdey, Phally, Pat, Lout
Pheakdey, a citizen of KrorLanh district of Siem Reap Province in Cambodia, is a 37-year-old mother and has three children. She supports her family by selling grocery items, and her husband catches fish for resale. She has been involved in the grocery business for 10 years. Pheakdey is the leader of a group of four female members. All four members have been with VisionFund for at least two cycles.

Pheakdey feels confident that she can improve her family's conditions. This is her fourth loan cycle with VisionFund. As the group leader, her loan portion will be used on purchasing grocery items like soap, instant noodles, canned food, and food ingredients. She hopes to buy her additional material on time and sell with a high margin.

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
  • 96
    View loans »
    Cambodia Loans Fundraising
  • $36,158,875
    Funds lent in using Kiva
  • 4,026.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Pheakdey's Group's $750 loan helped a member to buy more grocery items for resale.
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