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Ett's Group
In this Group: Ett, Sokhorn
Living in a rural village of Kampong Cham province’s Damabe district, Ett is a 32-year-old married mother of four children, all of whom are dependent on her and still in school. She and her husband have earned a living through farming rice and cassava planting for three years. To better support the family, her husband works for others for a fee to increase their income. The current business earns her about 20,000 KHR per day and she manages to save about 10,000 KHR each day for the future needs.

Ett has been with VisionFund for four cycles while the other member is just with VisionFund this cycle. Ett completely paid back the past loans. Now she is leading her group to ask for a loan. As the leader, she will use her portion to buy fertilizer and pesticides for her farmland and use a portion of it to spend on plowing the field. She hopes this loan will enable her to earn more income from her current business so as to fulfill her dream to build a decent house to live in.

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
  • 117
    View loans »
    Cambodia Loans Fundraising
  • $36,556,825
    Funds lent in using Kiva
  • 3,992.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Ett's Group's $625 loan helped a member to buy fertilizer and pesticides for her farmland.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Feb 14, 2013
Listed
Mar 20, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014