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Kim's Group
In this Group: Kim, Chantha, Hoern
A resident of a rural village of the Moung Russey district, Kim is a 31-year-old mother of two children, all of whom are dependent and still in school. The family’s main sources of income are from growing rice and raising pigs, which Kim has been involved in for six years. With her current business, she can earn about 15,000 KHR per day but she can only save about 10,000 KHR a day after deducting expenses.

Kim has been with VisionFund for two cycles, while the other members of the group have been with VisionFund for one cycle. Kim successfully paid back the past loans, which enabled her to support her family. Now she is leading her group of three in seeking a new loan. Kim, the leader, will use her potion to buy fertilizer and insecticides for her farmland and will also use some of it to buy pig feed.

She hopes that this loan will enable her to increase her income so as to improve her standard of living.

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
  • 122
    View loans »
    Cambodia Loans Fundraising
  • $35,859,500
    Funds lent in using Kiva
  • 3,998.6
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Kim's Group's $600 loan helped a member to buy fertilizer and insecticides for her farmland and to buy pig feed.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Oct 19, 2012
Listed
Dec 1, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013