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Toeut's Group
In this Group: Toeut, Soeurb
Toeut, 42 and married, is a mother of four children -- two are school-children and the other two are teachers. To survive the daily cost of living, Toeut manages three hectares of farmland for planting rice. Engaging in this business for ten years, she is able to earn up to KHR 10,000 per day.

This is the second cycle loan for Toeut with VisionFund Cambodia, Kiva’s partner. She has managed her business quite well and it has returned to her a decent income which she can add to her savings to buy a mini-tractor for her farmland.

Now, she is in a group (Toeut's Group) of two, with a first-cycle borrower. Both of them are seeking KHR 500,000. As the group leader, Toeut is going to spend her loan to pay the harvesting fee. She hopes to harvest her crop on time, so that she can sell it on time during the demand season.

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
  • 114
    View loans »
    Cambodia Loans Fundraising
  • $35,445,525
    Funds lent in using Kiva
  • 3,992.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Toeut's Group's $275 loan helped a member to pay for her harvesting fee.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Dec 21, 2012
Listed
Feb 1, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 18, 2014