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Pov's Group
In this Group: Pov, Thea
A 33-year-old mother of four children, Pov resides in a rural village of the Battambang province’s Bovel district, Cambodia. Three of her children are dependent on her and still in school. To support her living, she has been growing maize in the village for ten years while her husband is a paid worker. Together, they can earn about 42,000 KHR per day from the current business.

This is the first loan for Pov with Kiva’s partner, VisionFund. Now she is leading her group to ask for a loan of 1,000,000 KHR each. As the leader, she is going to use her portion to buy seeds for her maize plantation and use a portion of it to spend on labor fees. She hopes this loan will enable her to increase her maize crop in order to sell it for a good price.

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
  • 118
    View loans »
    Cambodia Loans Fundraising
  • $35,859,500
    Funds lent in using Kiva
  • 3,991.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Pov's Group's $525 loan helped a member to buy seeds for her maize plantation.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Mar 7, 2013
Listed
Apr 7, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 18, 2014