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Son's Group
In this Group: Son, Hak
A villager from a rural area located in the Battambang province’s Ek Phnom district, Son is 41 years old. She earns a living through farming rice, while her husband works as a solider. Engaging in this business for 20 years together, they can earn about 39,000 KHR (Cambodian riels) per day from the current business and can save about 10,000 KHR each day for future needs.

Son has been with VisionFund for five loan cycles and completely paid back the past loan, which helped her to better support her family with enough food. Now she is leading her group of two to ask for a loan. Son is going to use her portion to buy fertilizer for her farmland. She hopes this loan will enable her to grow her rice healthfully 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
  • 111
    View loans »
    Cambodia Loans Fundraising
  • $35,868,225
    Funds lent in using Kiva
  • 4,000.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Son's Group's $600 loan helped a member to buy fertilizer for her farmland.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Dec 14, 2012
Listed
Feb 1, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 18, 2014