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Pheap's Group
In this Group: Pheap, Limsrouy, Phan
Living in a rural area located in Kampong Cham province’s Dambae district, Pheap, 47, has six children. Pheap and her husband are farmers who grow cassava on one-hectare of farmland. Engaged in this business for nine years, they are able to earn about 20,000KHR per day to meet the family’s needs.



Pheap’s group consists of three members who have been with VisionFund for two previous loans, since repaid, which helped Pheap improve her livelihood. She is now leading her group to request a new loan of 1,400,000KHR each. As the leader, she will use her portion to pay for pesticides for her cassava and the plowing of her field.



Pheap hopes this loan will enable her to grow her cassava healthily and in greater quantity to better her family’s 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
  • 110
    View loans »
    Cambodia Loans Fundraising
  • $35,445,525
    Funds lent in using Kiva
  • 3,986.9
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Pheap's Group's $1,075 loan helped a member to pay for pesticides for her cassava and the plowing of her field.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Mar 20, 2013
Listed
Apr 23, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014