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Sinoun's Group
In this Group: Sinoun, Saret
Sinoun is 26 and lives in a rural area of the Kror Kor district of the Pursat province in Cambodia. She is married. Sinoun has been struggling to feed her children by farming rice on five hectares and raising pigs. She has been in this business for three years. Sinoun is able to earn about KHR 23,000 per day.
This is the first microloan for Sinoun’s group of two with Kiva’s partner, VisionFund. She is leading her group to apply for a loan. She wants to use her portion to buy pig feed for her pig business. She hopes this loan will enable her to earn more income from the current business to make a better 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
  • 111
    View loans »
    Cambodia Loans Fundraising
  • $36,216,225
    Funds lent in using Kiva
  • 4,001.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Sinoun's Group's $325 loan helped a member to buy pig feed.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Oct 26, 2012
Listed
Jan 1, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013