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Kimhoeun's Group
In this Group: Kimhoeun, Yet, Ty
A widow living in a rural village located in the Tbaung Khmum district of Kampong Cham province, Kimhoeun is 41 years old and has two children, one of whom is dependent on her and still in school. Kimhoeun has been farming rice and planting cassava for almost 20 years, earning about 15,000 KHR but is able to save about 8,000 KHR each day.
Kimhoeun’s group consists of three members who are all female. She has been with VisionFund for one cycle and completely paid back the past loan. The past loan has helped her improve her livelihood. She is now leading her group to apply for a loan. As the leader, she is going to use her portion to buy fertilizers and pesticides for her farmland. She hopes this loan will enable her to get a large crop from her rice paddy and cassava planting.

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
  • 201
    View loans »
    Cambodia Loans Fundraising
  • $37,044,750
    Funds lent in using Kiva
  • 3,984.1
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Kimhoeun'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
At end of term
Pre-Disbursed:
Feb 6, 2013
Listed
Mar 21, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 19, 2014