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Mom's Group
In this Group: Mom, Sophal, Hun
Mom, 43 years old, is a villager residing in a rural area of Battambang province’s Ek Phnom district, Cambodia. She is married and has six children, three of whom are school-aged children. To support the family, Mom works weaving mats, while her husband works as a construction worker to earn additional income. Mom and her husband have been doing this work for 20 years, earning about 32,000 KHR per day to meet the family’s needs.

Mom has been with VisionFund for six loan cycles, and she completely paid back the past loans. She has successfully used the past loans to better support her family. Now she is forming a group of three, to ask for a new loan. Mom, who is the leader, will use her portion of the new loan to buy construction materials for her husband’s business. She hopes to realize more income from his current business, so as to improve her family's 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
  • 121
    View loans »
    Cambodia Loans Fundraising
  • $36,592,775
    Funds lent in using Kiva
  • 3,996.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mom's Group's $975 loan helped a member to buy construction materials for her husband’s business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Dec 26, 2012
Listed
Feb 1, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 18, 2014