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Sophat's Group
In this Group: Sophat, Vanny
A married father, originally from the Ek Phnom district of Battambang province, Sophat is a local farmer and a carpenter. To supplement the family’s income, his wife also tailors clothes. Sophat has been engaging in his current business for five years. He is a fourth-time borrower and joins a group of two, with a second-time borrower, to seek for a new loan with VisionFund, Kiva’s partner. His living is improving gradually from the past loans, which he has paid back with success. Now, he is seeking 1,400,000 KHR while his co-member is applying for 500,000 KHR.

As the leader, he is going to use his portion to buy sewing materials for his wife's business and to buy fertilizer for his cornfield. He hopes to increase their income so as he can improve his living conditions.

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
  • 49
    View loans »
    Cambodia Loans Fundraising
  • $38,691,025
    Funds lent in using Kiva
  • 4,000.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Sophat's Group's $475 loan helped a member to buy sewing materials for supporting his wife's business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Nov 22, 2012
Jan 1, 2013
Currency Exchange Loss:
Dec 17, 2013