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Kimheap's Group
In this Group: Kimheap, Cheb, Yeang
Originally from a rural village of Kampong Cham province’s Ponhea Krek district, Kimheap is a 33-year-old mother of two children. Both of her children are dependent on her and too young for school. She has been engaged in rice farming to earn a living for five years. Her husband supplements that income by planting cassava and working for others for a fee. Together, they can earn about 17,000 KHR per day from the current business and can save about 7,000 KHR each day.

Kimheap's group consists of three members. She has been with VisionFund for one cycle, and she completely paid back the previous loan. The loan helped her to better support her family. Now she and her group members are applying for a new loan. As the leader, she will use her portion to buy fertilizer for her farmland. She hopes to get a high crop yield from her cassava.

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
  • 112
    View loans »
    Cambodia Loans Fundraising
  • $36,139,325
    Funds lent in using Kiva
  • 3,987.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Kimheap's Group's $700 loan helped a member to buy fertilizer for her farmland.
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