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San's Group
In this Group: San, Seam, Thoeb
San, 33, lives in a rural area of the Sangke district of Battambang Province and he is married with three children, all of whom are still in school. The family's main sources of income are from rice farming and cows raising. To add more income, he also runs a business as a motorcycle repairer in a local area. The current business earns his family about 24,000 KHR per day, of which he is able to save about 13,000 KHR each day after offsetting his daily expenses.

San has been with VisionFund for three cycles and completely paid back the loans, which has helped him to relieve family's burden and improve their livelihood. To support his business, he is now leading his group to apply for another loan with Kiva’s partner, VisionFund. He will use his portion to buy fertilizer for his farmland; he will also use a portion of it to pay for labor and land plowing. With this loan, he hopes to expand his rice field so as to make a better living and keep his children 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
  • 329
    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 San's Group's $975 loan helped a member to buy fertilizer for his farmland.
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