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Narith's Group
In this Group: Narith, Koub, Vy
Nartih is 34 years old and married with three dependent children who are all still in school. Her family lives in a house with a thatch roof located in Battambang province’s Moung Russey district. The main source of her family’s income is from farming rice in her village. Her husband earns extra income for his family by working for others for a fee. She has been running her business for ten years, earning about KHR 17,000 per day and she is able to save about KHR 9,000 each day.
Narith’s group consists of three members who have been with VisionFund for three cycles. Narith successfully paid back the past loans which have helped her to sustain her family’s business and support her family’s needs. Now she is leading her group to ask for a loan of KHR 1,400,000 each. As the leader, she is going to use her portion to buy fertilizer and rice seed for her farmland. Narith hopes to increase her crop yields to earn more income to improve their living standard and also keep her 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
  • 267
    View loans »
    Cambodia Loans Fundraising
  • $37,502,950
    Funds lent in using Kiva
  • 3,984.9
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Narith's Group's $1,075 loan helped a member to buy fertilizer and rice seed for her farmland.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Mar 12, 2013
Listed
Apr 12, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014