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Savien's Group
In this Group: Savien, Norn
Savien is a resident of Thmor Koul district in Battambang province, Cambodia. She is a 41-year-old married mother of five children, four of whom (two daughters and two sons) are under her care and currently attend school. Savien earns a living by farming rice on a two-hectare plot.

A first-time borrower with VisionFund (Kiva's partner), Savien is leading a group member who is a second-time borrower to take out loans in the amounts of 500,000 KHR and 100,000 KHR respectively. As the group leader, she will spend her portion of the loan to purchase fertilizer for her rice-growing business. This hard-working woman believes that, with this loan, she can smoothly operate her business, generating more income for her family. She is willing to use her anticipated income to further her children's educational pursuits.

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
  • 123
    View loans »
    Cambodia Loans Fundraising
  • $36,160,175
    Funds lent in using Kiva
  • 3,995.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Savien's Group's $175 loan helped a member to purchase fertilizer.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Nov 16, 2012
Listed
Jan 1, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013