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Saren's Group
In this Group: Saren, Bunny
Saren is a rural citizen from Dambae district of Kampong Cham Province. He is single and a farmer who grows cassava on his two hectares of farmland in order to make a living. He has engaged in this business for several years.

Saren is the leader of a group of two seeking a loan. Both of them are first-time borrowers, and each is seeking the same loan amount of 1,000,000 KHR. As the leader, Saren will use his portion to pay for weeding fee. Moreover, he is going to use a portion of it to buy insecticide for his cassava field. He hopes to make more income from his current business so he can improve his living condition.

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
  • 288
    View loans »
    Cambodia Loans Fundraising
  • $38,170,450
    Funds lent in using Kiva
  • 4,044.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Saren's Group's $500 loan helped a member to pay for weeding and buy insecticide for his cassava field.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Oct 4, 2012
Dec 1, 2012
Currency Exchange Loss:
May 18, 2013