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Ran's Group
In this Group: Ran, Vanna
Ran, 52, is a local villager from the Moung Russey district of Battambang Province. She manages a five hectare area for growing cassava, and her husband works for an NGO. With 10 years of experience in the current business, Ran is able to earn about 38,900 KHR per day.

This is the second loan for her group, which consists of two members. Her original loan has better supported her business at a good pace. Now, Ran and her joint borrower are seeking 1,000,000 KHR each. Ran, as the group leader, will use her loan portion to pay for purchasing potash and pesticide and to pay a plowing fee. She hopes to grow her crops fruitfully and maintain her living status in a good manner.

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
  • 102
    View loans »
    Cambodia Loans Fundraising
  • $35,502,525
    Funds lent in using Kiva
  • 3,987.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Ran's Group's $525 loan helped a member to purchase potash and pesticide and to pay a plowing fee.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Mar 7, 2013
Listed
Apr 4, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014