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Ren's Group
In this Group: Ren, Kensern, Thea, Dy
Ren is a 48-year-old, married woman, who resides in a rural village of Pursat's Sampov Meas district, in Cambodia. She has seven children, three of whom remain under her responsibility and still in school. To support the family, Ren farms rice, earning around 24,000 KHR daily.

Ren has been with VisionFund for two loan cycles, and she completely paid back the past loans. Those loans helped her to better support her family. Now, she is leading her group of three to ask for a new loan. As the leader, she is going to use her portion of the loan to pay for labor for harvesting rice, and to buy piglets for raising to earn extra income for the family. She hopes to earn more income from her current business so as to make a better living and keep her 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
  • 251
    View loans »
    Cambodia Loans Fundraising
  • $37,502,950
    Funds lent in using Kiva
  • 4,000.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Ren's Group's $1,050 loan helped a member to pay for labor for harvesting rice, and to buy piglets for raising.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 19, 2012
Listed
Feb 1, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 18, 2014