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Mab's Group
In this Group: Mab, Trorb, Raksa
Mab, age 42, is a rural villager residing in the Pouk district of Siem Reap Province. She has two children, one of whom is studying at university. Mab makes a living by farming rice and raising pigs, from which she is able to earn about 19,200 KHR per day. Her group consists of three female members, and she is the leader; all of them, including her, are the first-time clients with Kiva partner VisionFund. Mab is going to use her portion of the group loan to buy pig feed in order to fatten her pigs. She hopes that she can increase her income from her current business and improve her lifestyle.

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
  • 273
    View loans »
    Cambodia Loans Fundraising
  • $37,506,450
    Funds lent in using Kiva
  • 4,040.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mab's Group's $450 loan helped a member to buy pig feed.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Sep 27, 2012
Listed
Nov 4, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013