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Kimsan's Group
In this Group: Kimsan, Loeng, Horn
A resident from a rural village of the Sangke district, Kimsan is a 28-year-old mother of two children. The main source of the family’s income is from rice farming, which she has been doing for 10 years. To supplement the income, her husband also works for others for a fee. With her current business, she can earn about 22,000 KHR per day to spend on daily expenses.

This is the first loan for Kimsan’s group, a group of 3 women. As the leader, Kimsan will use her portion to pay for plowing the rice field. She hopes this loan will enable her to increase her income so as to improve her standard of 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
  • 324
    View loans »
    Cambodia Loans Fundraising
  • $37,587,725
    Funds lent in using Kiva
  • 3,991.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Kimsan's Group's $575 loan helped a member to pay for plowing her rice field.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Mar 6, 2013
Listed
Apr 5, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014