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Nan's Group
In this Group: Nan, Yeap
A villager residing in a rural area of Kampong Cham province's Tbaung Khmum district in Cambodia, Nan is a 37-year-old married woman with two dependent kids (one daughter and one son), both of whom are currently in school. Nan has fifteen years of experience in her current businesses, which are rice growing and pig raising. Each day, she is able to earn around 20,000 KHR and save approximately 10,000 KHR after offsetting her daily cost of living.

Nan is leading a group of two female members who are both first-time borrowers with VisionFund (a Kiva partner) to apply for a loan of 1,000,000 KHR each. She will use her portion of the loan to purchase fertilizer and more pigs to raise. She highly believes that this loan will have a positive impact on her current businesses as well as her family's 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
  • 121
    View loans »
    Cambodia Loans Fundraising
  • $36,200,725
    Funds lent in using Kiva
  • 4,028.8
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Nan's Group's $500 loan helped a member to purchase fertilizer and more pigs to raise.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Oct 5, 2012
Listed
Dec 1, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013