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Saret's Group
In this Group: Saret, Nom
Living in a rural area located in the Moung Russey district of Cambodia, Saret is 37 years old and married. She has three children, all of whom are still in school and dependent on her. To make a living and take care of her children, she is a grocery-seller. She has been in the business for several years. She is able to earn approximately 20,000 KHR and manages to save about 10,000 KHR each day after daily expenses.

Saret has been with VisionFund for two loan cycles and completely repaid the loans while the other member has been with VisionFund for one loan cycle. Saret successfully used the loans from VisionFund to better support her family’s living. She is now leading her group to apply for a loan for a loan of 400,000 KHR each. As the leader, she is going use her portion to buy piglets to raise in order to additional income for the family. She hopes this loan will enable her to improve her business and make more income to improve her lifestyle and keep her children in school.

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
  • 107
    View loans »
    Cambodia Loans Fundraising
  • $36,192,875
    Funds lent in using Kiva
  • 4,023.1
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Saret's Group's $200 loan helped a member to buy piglets to raise.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 9, 2012
Listed
Dec 1, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013