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Dara's Group
In this Group: Dara, Son, Sarom
Dara is one of the breadwinners in his family in theThmor Koul district of Battambang province. He has three children.

Dara is a diligent local farmer who grows rice on two hectares of farmland with the support of his wife. He been in this business for two years, and is able to earn up to 35,000 KHR per day. He is a second-time borrower with VisionFund, Kiva’s partner. He has fully repaid the initial loan, so he can afford to provide sufficient, decent food for his family, especially for his children.

The total of his group loan is 3,400,000 KHR; Dara will use his portion of 1,000,000 KHR to purchase fertilizer for his farmland.

He hopes to gain more yield, so he can sustain his living condition.

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
  • 116
    View loans »
    Cambodia Loans Fundraising
  • $36,211,875
    Funds lent in using Kiva
  • 3,983.8
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Dara's Group's $875 loan helped a member to buy fertilizer for his farmland.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 10, 2013
Listed
Mar 1, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 19, 2014