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Sakhorn's Group
In this Group: Sakhorn, Samet
Sakhorn is a 51-year-old mother of five children who lives in a rural village in Cambodia's Dambae district. To make a living, she and her husband have been planting cassava on two hectares of farmland for the last 10 years. Her husband supplements the family’s income by working for others for a fee. Sakhorn earns about 25,000 KHR a day and is applying for her fourth loan from Kiva’s partner, VisionFund. She also now leads a two-person loan group, and will use her portion of this loan to plow her field and hire people to help do it. She hopes this loan will allow her to earn a larger income so that she and her family can have a better life.

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
  • 293
    View loans »
    Cambodia Loans Fundraising
  • $37,544,775
    Funds lent in using Kiva
  • 3,986.9
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Sakhorn's Group's $1,525 loan helped a member to plow her farm.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Mar 20, 2013
Listed
Apr 23, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013