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Han's Group
In this Group: Han, Veoun
Han, 45 years old, is a citizen living in a rural area of Moung Russey district located in Battambang province, Cambodia. She is married and a mother of two children. To support the family, Han has a business farming rice and planting vegetables, earning around 24,000 KHR per day. Han, a fourth-time borrower with VisionFund (Kiva’s partner), is leading a group member who is a first-time borrower to take out a loan in the amount of 1,800,000 KHR in total. The group leader Han states that with the previous loans she was able to improve the living standard of her family. With this new requested loan portion, Han will buy more fertilizer. In the future, this hard-working woman plans on buying more plots of farmland to expand her business, generating more income for the family.

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
  • 121
    View loans »
    Cambodia Loans Fundraising
  • $36,207,750
    Funds lent in using Kiva
  • 4,000.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Han's Group's $450 loan helped a member to buy fertilizer.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Nov 20, 2012
Listed
Jan 1, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013