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Pha's Group
In this Group: Pha, Soeng
Pha is 32 years old and a married mother with four children; all are in school. To support the family and also the children's education fees, Pha sells vegetables and her husband does rice farming. In addition, they raise piglets for sale.

Pha and her other group member are on their fourth loan with VisionFund Cambodia. Each of them asked for KHR 1,400,000.

Pha, as the head of the group, will use her loan portion to buy more piglets and more vegetables for further sale. Through this loan, Pha dreams to expand her piglets business in order to make more income for the family.

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
  • $35,445,525
    Funds lent in using Kiva
  • 3,990.4
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Pha's Group's $725 loan helped a member to buy piglets and vegetables for sale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Feb 18, 2013
Listed
Mar 20, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014