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Sopheak's Group
In this Group: Sopheak, Sarat, Saroeung
Sopheak is 28 years old and married. She is blessed with one daughter who currently is studying in a local school in the area. She makes a living through pig-raising while her husband is a barber. She has been engaged in this business for eight years. Sopheak has been with VisionFund for the past three cycles and has completely paid back the loan. She can support her income better than before and uplift her lifestyle. In a group of three female members, she is the leader. The total amount of her requesting group loan is 2,500,000 KHR. For Sopheak, she will use her loan portion to buy pig feed. She hopes to fatten her pig in a healthy condition so that she can sell it at a high price and get more income for her child's sake.

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
  • 122
    View loans »
    Cambodia Loans Fundraising
  • $35,859,500
    Funds lent in using Kiva
  • 3,983.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Sopheak's Group's $650 loan helped a member to buy pig feed.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 17, 2013
Listed
Mar 1, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013