Check out some available loans that are similar to this one!
Sambo's Group
In this Group: Sambo, Borey
Sambo is a 28-year-old resident in a rural village of Moung Russey district located in Battambang province in Cambodia. She is married and is a mother of two daughters and one son, all of whom are her responsibility and currently in school. This hard-working woman, Sambo, earns a living for her family by farming rice on a five-hectare farm. Having been in this business for ten years, Sambo is able to earn around 14,000 KHR daily to cover her expenses and to save some portion for future needs. Sambo has been with VisionFund, Kiva’s partner, for two loan cycles already, with which she succeeded in making the livelihood of her family so much better.

Now, she is leading a group member who is with VisionFund for the first time to take out a loan in the amount of 1,000,000 KHR and 500,000 KHR respectively. With her loan portion, Sambo will buy fertilizer, pesticide, and rice-seed to apply to her farmland. Via the help of this loan, the group leader Sambo strongly believes that her rice field will provide a good-quality crop so that she can sell it for greater profit, generating more income for the family. She is also willing to use the anticipated income to support her children’s schooling.

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
  • 318
    View loans »
    Cambodia Loans Fundraising
  • $37,580,575
    Funds lent in using Kiva
  • 4,000.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Sambo's Group's $375 loan helped a member to buy fertilizer, pesticide, and rice-seed.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Nov 6, 2012
Listed
Jan 1, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 19, 2013