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Mom's Group
In this Group: Mom, Keo
Mom is 51 years old, married, and has seven children. She is originally from a village of the Ek Phnom District where rice farming is a common way to make a living. Mom and her husband have been involved in corn planting for five years. She earns about 36,000 KHR per day.

Mom is the leader of her group of two who are requesting loans from VisionFund, which she will use to pay for labor costs in planting corn. Mom has been with VisionFund for six cycles while the second group member has been with VisionFund for seven cycles. She hopes to grow her corn timely and fruitfully so as to sell it for a good price.

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
  • 290
    View loans »
    Cambodia Loans Fundraising
  • $37,541,925
    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 $725 loan helped a member to pay labor costs in planting corn.
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