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Touch's Group
In this Group: Touch, Toeng, Poey, Samnang, Sopha
Touch is 42 years old and married. She lives with her husband and three children in a rural area of the Srey Snom district of Siem Reap Province. All her children are still in school. To support her family, she and her husband grow rice, on three hectares of farmland. Having been in this business for ten years, they can earn about KHR 10,000 per day together, and they manage to save about KHR 5,000 each day after daily expenses.

Touch has been with Kiva’s partner, VisionFund, for two cycles, while the other members have been with VisionFund either two or three cycles. Touch fully repaid her loans, and she has wisely used the previous loans to buy a tractor to help in her farming business. Now she is leading her group of five members to request a new loan. As the leader, she is going to use a portion of her share of the loan to buy fertilizer for her cultivated land and another portion to pay for labor to plow the field. Touch hopes to get a high yield from her farming business so she can improve her standard of living 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
  • 326
    View loans »
    Cambodia Loans Fundraising
  • $37,587,725
    Funds lent in using Kiva
  • 3,998.6
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Touch's Group's $1,150 loan helped a member to buy fertilizer for her cultivated land and pay for labor to plow.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 19, 2012
Listed
Dec 1, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 19, 2013