Check out some available loans that are similar to this one!
Sobotra's Group
In this Group: Sobotra, Sarat, Rin, Sophea
Sobotra, 31, is single and lives in a rural area located in the Sampov Meas district of Pursat province. He has earned a living through farming rice for 10 years and working as a paid construction worker in the local area for five years. Sobotra can earn about KHR 22,000 per day from the current business and is able to save about KHR 10,000 each day for the future.

This is the fourth loan for Sobotra with VisionFund and he has fully paid back his prior loans. He used the first loan wisely and successfully to improve his standard of living. Now he is leading his group of four to request a new loan to buy fertilizers for his farmland and to buy a decent motor for commuting. He hopes to get a high yield from the current crop to sell at a good price and fulfill his dream of buying cows to raise.

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
  • 201
    View loans »
    Cambodia Loans Fundraising
  • $37,041,000
    Funds lent in using Kiva
  • 4,040.4
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Sobotra's Group's $1,100 loan helped a member to buy fertilizers for his farmland.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 27, 2012
Listed
Nov 4, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013