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Barang's Group
In this Group: Barang, Ret, Vanda
A 37-year-old single man from Battambang Province's Sangke district, Barang is a paid worker at a construction site. The current business that he has been with for 10 years has helped him to earn up to 30,000 KHR per day. Including this cycle, he is a fourth-cycle loan borrower with Kiva's partner, VisionFund. He has fully paid back his past loans already and they have supported his business gradually.

In a group of three, Barang is a group leader. The total requested loan amount of his entire group is 2,200,000 KHR,. Barang's portion of the loan is 1,200,000 KHR. Barang is going to use his portion to buy materials for supporting his job such as hammers, nails, cement etc. He hopes to make more income from his business so that he can keep his standard of living constant.

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
  • 268
    View loans »
    Cambodia Loans Fundraising
  • $38,170,450
    Funds lent in using Kiva
  • 4,005.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Barang's Group's $550 loan helped a member to buy materials for supporting his construction job.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Oct 24, 2012
Jan 1, 2013
Currency Exchange Loss:
Nov 19, 2013