Check out some available loans that are similar to this one!
Noun's Group
In this Group: Noun, Mom
Noun is 36 years old, married and lives in a rural village of the Moung Russey district of Battambang province. She has three children, two of whom are dependents and still in school. To support the family, she and her husband have been in the farming business for ten years and complement the income by working as paid workers in the village. The current business earns her family about 16,000 KHR per day to meet the family’s needs.

Noun’s group consists of two members who have already been members of Kiva’s partner, VisionFund, for one cycle. Noun successfully used the past loan to provide sufficient food for her family and education for her children.

She and her group member are now applying for a loan of 1,000,000 KHR each. As the leader, she is going to use a portion of it to buy fertilizer and pesticide for her farmland and another portion of it on labour costs. With this loan, she hopes to expand her current farming business to earn a larger income, in order to improve her family’s living condition and keep their 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
  • 187
    View loans »
    Cambodia Loans Fundraising
  • $36,989,250
    Funds lent in using Kiva
  • 4,023.1
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Noun's Group's $500 loan helped a member to buy fertilizer and pesticide for her farmland.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Oct 9, 2012
Listed
Dec 1, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013