Check out some available loans that are similar to this one!
Som's Group
In this Group: Som, Sreyveng, Sothea
Som, 50, is a citizen from a village located in the Ratanak Mondul district of Battambang province, Cambodia. She is a married mother of five children. Corn planting is the main source of her family’s income, and her husband also complements the income by raising cows. Som and her husband have been in this business for almost 15 years, earning about 16,000 KHR per day to make a living.

Som has been with VisionFund for eight cycles, while the other members have been with VisionFund from four to five cycles. The past loans have helped her family to have sufficient foods.

Now Som is leading her group of three to ask for a loan of 1,400,000 KHR each. As the leader, she is going to use her portion to buy seeds and pesticides for her farmland. Som hopes this loan will enable her to grow her business and earn more income to improve her standard of 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
  • $35,445,525
    Funds lent in using Kiva
  • 4,003.5
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Som's Group's $1,050 loan helped a member to buy seeds and pesticides for her farmland.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Dec 20, 2012
Listed
Feb 1, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 18, 2014