Check out some available loans that are similar to this one!
Sokhalay's Group
In this Group: Sokhalay, Sophal
Residing in a rural area of the Kror Kor district of Pursat province, Sokhalay is a 29-year-old widowed mother of one daughter who is still in school. To support the family, she has been selling meatballs and sugarcane juice for five years. She is able to earn about 30,000 KHR per day to meet the family needs.

Sokhalay has joined VisionFund this cycle, while the other member has been with VisionFund for one cycle. Sokhalay is now leading her group of two to seek a loan. As the leader, she is going to use her portion to buy more meatballs for resale. She hopes earn more income from her current business so as to make a better living.

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
  • 110
    View loans »
    Cambodia Loans Fundraising
  • $35,871,725
    Funds lent in using Kiva
  • 4,000.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Sokhalay's Group's $250 loan helped a member to buy more meatballs to resale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 13, 2012
Listed
Feb 1, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 18, 2014