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Khorn's Group
In this Group: Khorn, Samak, Dy
Khorn is aged 47 years and married. She lives in a wooden house with her family members, in a rural village of the Moung Russey district. She and her husband earn a living by farming rice. Having been in this business for ten years, she manages to earn about 15,000 KHR per day and can save about 7,000 KHR each day for future needs.

This is a group loan for Khorn’s group of three women. Khorn has been with VisionFund for one previous loan. She completely paid back the past loan and successfully used it to better support her family. Now leading her group to apply for a new loan, Khorn wants to use her loan portion to buy fertilizers and pesticides for her farmland. She hopes to increase her rice yield and earn more income, to better her living conditions.

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
  • 267
    View loans »
    Cambodia Loans Fundraising
  • $37,506,450
    Funds lent in using Kiva
  • 3,981.8
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Khorn's Group's $875 loan helped a member to buy fertilizers and pesticides for her farmland.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Feb 7, 2013
Listed
Mar 19, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 19, 2014