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Navy's Group
In this Group: Navy, Na, Iean
Navy, a young mother of two little kids, is 25 years old and a local resident, from Battambang Province's Thmor Koul district of Cambodia. Her sources of income are vegetable selling (basil, cabbage, eggplant, etc.) and rice farming. She has engaged in this business for five years. As a result of the successful loan that she has completely paid back, she feels empowered. Now she believes that she can support her living standard, especially in providing decent food for her children.

Navy's group consists of three members, two women and one man. They have formed this group to seek a new loan. Navy will use her portion of the loan to buy fertilizer for her rice farm. She hopes that she can make more income from her current business, and improve her living conditions.

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
  • 116
    View loans »
    Cambodia Loans Fundraising
  • $35,436,425
    Funds lent in using Kiva
  • 4,044.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Navy's Group's $275 loan helped a member to buy fertilizer for her rice farm.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Oct 3, 2012
Listed
Dec 1, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013