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Sopha's Group
In this Group: Sopha, Pom
Sopha is 37 years old, married and lives with her family in a village of the Sangke district. She has seven children to take care of and now they are all still in school. To make a living, she has been farming rice and catching fish for several years and currently she earns her family about 80,000 KHR per day.
There are two members in Sopha’s group and she is a second cycle client with VisionFund. Sopha, who is the leader, is leading her group to apply for a loan. She will use her portion to buy fertilizers for her farmland and gasoline for water pumping. Sopha hopes to increase her family’s income to improve their living standards and 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
  • 121
    View loans »
    Cambodia Loans Fundraising
  • $36,200,725
    Funds lent in using Kiva
  • 3,984.9
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Sopha's Group's $675 loan helped a member to buy fertilizers 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:
Oct 17, 2013