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Roeurn's Group
In this Group: Roeurn, Rem
Roeurn, 56, is married with nine children, residing in a rural village located in the Battambang province’s Thmor Koul district, Cambodia. She has nine children, one of whom is independent and works for others for a fee.

For the last ten years, Roeurn has been farming rice as a primary source of the family’s income. She can earn about KHR 25,000 per day.

Roeurn’s Group consists of two members who live in the same village. Roeurn has been a member of VisionFund Cambodia for six cycles already and has completely paid back the prior loans. The past loans from VisionFund Cambodia have helped Roeurn better support her family and also her current business.

Now, leading her group to apply for a loan, Roeurn, who is the leader, will use her portion to buy fertilizer for her farmland and use a portion of it to spend on pumping water into her cultivated land. She hopes to increase her crop yield, so as to improve her family’s 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
  • 186
    View loans »
    Cambodia Loans Fundraising
  • $36,989,250
    Funds lent in using Kiva
  • 3,983.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Roeurn's Group's $625 loan helped a member to buy fertilizer for and pump water into her farmland.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jan 11, 2013
Listed
Mar 1, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013