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Sreyneang's Group
In this Group: Sreyneang, Soknim, Sreynorn
Sreyneang, 26, is married and lives with her family, in a village of the Tbaung Khmum district. She has one son to take care of, and now he is in school. To make a living, she has been farming rice and cassava for several years. The current business earns her family about 40,000 KHR per day.

There are three members in Sreyneang’s group. She is a third-cycle client with VisionFund. She repaid the past loans, which have help her to relieve her family’s financial burdens and improve their livelihood. Now, Sreyneang is leading her group to apply for a new loan. She will use her portion of the loan to pay labor costs, for help in collecting her cassava. She hopes to increase her family’s income from her current business, so as to make a better living and keep her son in school.

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
  • 266
    View loans »
    Cambodia Loans Fundraising
  • $37,506,450
    Funds lent in using Kiva
  • 3,987.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Sreyneang's Group's $975 loan helped a member to pay labor costs, for help in collecting her cassava.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Feb 12, 2013
Listed
Mar 20, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014