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Chan's Group
In this Group: Chan, Sok, Sokvit, Sokmeta
Chan, 32, is married with one son, residing in a rural village of the Kror Kor district in Pursat province. To support the family, Chan and her husband have been farming rice on 2-hectares of farmland for 5 years. Together, they can earn about KHR15,000 per day and can save about KHR7,000 each day for their future needs.

Chan has been with VisionFund for three cycles and completely paid back the past loans. The previous loans have helped her better support her family’s living conditions. Now she is leading her group of four to ask for a loan. As the leader, she is going to use her portion to buy one motorcycle for commuting in her family. Chan hope this loan will enable her to improve her family's life style.

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 Chan's Group's $1,650 loan helped a member to buy one motorcycle for commuting in her family.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 17, 2013
Listed
Mar 1, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2014