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Pov's Group
In this Group: Pov, Jork
58-year-old Pov is married and a mother of eight children, one of whom is still dependent on her. Pov and her family reside in a rural village of the Moung Russey district in Cambodia’s Battambang province. She farms rice and plants sesame to support her family. Pov earns approximately 22,000 KHR per day. She has been with VisionFund (Kiva’s partner) for one loan cycle already, which allowed her to improve her family’s livelihood. Pov is now in need of money to support her business by buying fertilizer. She is leading a female group member who has also been with VisionFund for one loan cycle already to apply for a loan of 1,200,000 KHR each. Pov is an industrious woman who hopes to earn more income for her family.

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
  • $36,139,325
    Funds lent in using Kiva
  • 4,003.5
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Pov's Group's $600 loan helped a member to buy fertilizer.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Dec 19, 2012
Listed
Feb 1, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 18, 2014