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Sarun's Group
In this Group: Sarun, Moeurn
Sarun is 50 years old and a widow mother of five children. Two of her children still depends on her as they are still in school. The rest of her family is from Kror Kor district of Pursat Province. Her main income is from her one and half hectare of rice cropping, which she has engaged in for 13 years.This is the fifth-cycle loan for Sarun and fourth-cycle loan for her fellow group member; both of them are in the same group of two. She has used her past loan in a wise manner in providing a decent food for her entire household. Now, she is seeking for 600,000 KHR and her co-member is requesting for 700,000 KHR. As the leader, she is going to use her portion to buy fertilizer and rice seed for her farmland. She expects to multiply her crop output and earn a high profit for her children sake.

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
  • 108
    View loans »
    Cambodia Loans Fundraising
  • $35,456,775
    Funds lent in using Kiva
  • 4,027.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Sarun's Group's $325 loan helped a member to buy rice seed and fertilizer.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Sep 21, 2012
Listed
Nov 5, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013