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Kunthea's Group
In this Group: Kunthea, Savin, Sary
Kunthea is a villager from a rural area located in the Battambang province’s Moung Russey district of Cambodia. She is 31 years old and married with four children, all of whom are dependents and still in school. She and her husband earn a living through farming rice, planting cassava and rubber tree. Having been in this business for 11 years, together, they can earn about 38,000KHR per day and manage to save about 20,000KHR each day after daily expenses.
Kunthea has been with VisionFund for three loan cycles while the other members have been with VisionFund from one to two cycles. Kunthea completely paid back the past loans which have helped her to relieve her family’s burden and improve their livelihood. Now she is leading her group of three to request another loan. As the leader, she is going use her portion to buy fertilizer and pesticides for her farmland. She hopes to get a high yield from her plantation business to make a better living and keep his children in 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
  • 118
    View loans »
    Cambodia Loans Fundraising
  • $36,207,750
    Funds lent in using Kiva
  • 4,003.5
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Kunthea's Group's $850 loan helped a member to buy fertilizer and pesticides for her farmland.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Dec 19, 2012
Listed
Feb 1, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 18, 2014