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Sreyven's Group
In this Group: Sreyven, Reth, Moch, Seab
Sreyven is 32 and a citizen from Dambae district of Kampong Cham province. She has one child to care for. To earn a living, she grows cassava on a two hectare area and does rice cropping on a half hectare area. Her eight years of experience in her current business has returned about 20,000 KHR (Cambodian riel) per day. From this income, she is able to save up to 5,000 KHR per day after deducting necessary expenses.
This is not the first loan for Sreyven with VisionFund (Kiva’s partner). She has paid back her past loan on time and wisely to support her business. In a group of four, she is the group leader. She and her joint members are seeking for 2,000,000 KHR each. As the group leader, she will use her loan portion to pay for weeding fees and a transplanting fee. She hopes that she can grow her cassava fruitfully and gain a triple yield.

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
  • 220
    View loans »
    Cambodia Loans Fundraising
  • $35,768,625
    Funds lent in using Kiva
  • 3,984.9
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Sreyven's Group's $2,025 loan helped a member to pay for weeding fees and transplanting fees.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Mar 15, 2013
Listed
Apr 11, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014