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Harithy's Group
In this Group: Harithy, Chan, Yorn
Harithy, age 61 and a citizen from Thmor Koul district, Battambang province, is married and has five children. Her main source of income is vegetable growing. After 30 years' engagement in this business, she is able to earn up to 22,200 KHR per day.

This is not the first loan for Harithy with VisionFund (Kiva’s partner). The past loan has enabled her to sustain her living in a proper condition, and she managed to repay the past loan already. Now, she forms a group of three, to apply for a new loan. As the group leader, she will use her loan portion to pay the fee for plowing her land, and to buy seed, fertilizer, and insecticide for her farmland. She hopes that she can make more income from her current business and improve her living standard.

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
  • 116
    View loans »
    Cambodia Loans Fundraising
  • $36,587,375
    Funds lent in using Kiva
  • 3,984.9
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Harithy's Group's $875 loan helped a member to pay the fee for plowing her land, and to buy seed, fertilizer, and insecticide for growing vegetables.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 15, 2013
Listed
Apr 11, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014