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Sreyneang's Group
In this Group: Sreyneang, Pich, Oun, Chanthy
A villager from a rural area located in the Tbaung Khum district of Kampong Cham province, Sreyneang is 33 years old and married. She has two children to take care of. The primary sources of her family’s income are from rice farming and cassava planting. To better support the family, her husband sometimes catches fishes for selling. Having been in this business for 14 years, she can earn about 34,000KHR per day and manages to save about 12,000KHR each day after the expenses.
This is the first loan for Sreyneang’s group of four with Kiva’s partner, VisionFund. She is leading her group to request a loan. As the leader, she is going to use her portion to pay for labor costs to grow her cassava. She hopes this loan will enable her to grow her rice and cassava healthfully.

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
  • 58
    View loans »
    Cambodia Loans Fundraising
  • $35,066,825
    Funds lent in using Kiva
  • 4,000.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Sreyneang's Group's $1,000 loan helped a member to pay for labor costs to grow her cassava.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 20, 2012
Listed
Jan 1, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013