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Sreylon's Group
In this Group: Sreylon, Kolap
Sreylon, 26, is married and living with her family in a village of the Kandal Stoeng district of Kandal province, Cambodia. She has two children, both of whom are dependent on her and still too young for school. For the last three years, Sreylon has been working at a garment factory while her husband has also been employed. Together, they can earn about US$2.80 per day from their current work.
Sreylon has been with VisionFund for one cycle and it is the first cycle with VisionFund for the other member of the group. The previous loan helped Sreylon to better support her family. Now she is leading her group to apply for a loan. As the leader, she is going to use her portion to buy a decent motor vehicle. This loan will enable her family to have a proper motor vehicle for commuting. She hopes to make a better life and to send her children to school.

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
  • 61
    View loans »
    Cambodia Loans Fundraising
  • $35,053,050
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Sreylon's Group's $550 loan helped a member to buy a decent motor vehicle.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 6, 2012
Listed
Feb 1, 2013
Currency Exchange Loss:
N/A
Ended:
Jan 18, 2014