Check out other loans that are currently fundraising!
Sanak's Group
In this Group: Sanak, Sanon
Sanak is 43 years old. She is married and has two children. They are living in a wooden house with her family members in a rural village of the Ponhea Krek district. Sanak and her husband earn a living through farming rice and planting cassavas on six hectares of farmland. Having been in this business for 23 years, Sanak manages to earn about 48,000 KHR per day and can save about 15,000 KHR each day for the future needs.

Sanak just joined with Kiva’s partner, VisionFund, this cycle. Now she is leading her group of two to ask for a loan. She is going to use her portion of the loan to buy a tractor for supporting her cultivated land to buy fertilizer for her farmland. She hopes to get a high yield from her paddy so as to make a better living.

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
  • 123
    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 Sanak's Group's $375 loan helped a member buy fertilizers and a tractor for rice farming.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Feb 15, 2013
Listed
Mar 20, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014