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Saroub's Group
In this Group: Saroub, Nin, Pech, Sareoy
Residing in a rural village of the Ek Phnom district of Battambang province, Saroub is 38 years old and married. She has three children, some of whom are dependents and still in school. To support the family, she has been working as a tailor while her husband works in construction in the local area.
Saroub has been a member of Kiva’s partner, VisionFund, for four cycles. She successfully used the past loans to better feed her family. Now she leads her group to ask for a loan. She is going to use her portion to buy materials for her husband’s construction business. She hopes this loan will enable her to earn more income to improve their living standards.

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
  • 126
    View loans »
    Cambodia Loans Fundraising
  • $35,859,500
    Funds lent in using Kiva
  • 3,992.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Saroub's Group's $1,175 loan helped a member to buy materials for her husband’s construction business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 14, 2013
Listed
Mar 20, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 19, 2014