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Nayhoern's Group
In this Group: Nayhoern, Thoun, Sreyly, Chem, Chamroen
Nayhoern is aged 51, married, and has one daughter. She lives in a village of the Prey Chhor district, in Kampong Cham province. Her daughter is still in school. To make a living, Nayhoern and her husband have been working as rice farmers for 30 years. Nayhoern is able to earn about 40,000 KHR per day, to meet the family’s needs.

Nayhoern is new with VisionFund, this loan cycle. Now she is leading her group of five members, to ask for a loan. Nayhoern, who is the leader, will use her portion of the loan to buy rice seeds for her farmland. She hopes to timely grow her rice, so as to make a better living and keep her daughter in school.

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
  • 115
    View loans »
    Cambodia Loans Fundraising
  • $36,211,875
    Funds lent in using Kiva
  • 3,992.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Nayhoern's Group's $1,150 loan helped a member to buy rice seeds for her farmland.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 15, 2013
Listed
Mar 20, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 19, 2014