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Khy's Group
In this Group: Khy, Eng
Living in a rural area located in the Moung Russey district of Battambang province, Khy is aged 43 years and is married. She has four children, three of whom are dependent on her and still in school. To make a living, she has been farming rice on four hectares of farmland for almost thirty years. Her family’s income is about 31,000 KHR per day to meet the family’s needs.

Khy received her first loan three cycles ago and she completely paid back the loans. The past loans from VisionFund have helped her family significantly improve their standard of living. Now she is leading her group to ask for a loan. As the leader, Khy is going to use her portion to buy fertilizer, pesticides and gasoline for her farmland. She hopes this loan will help her to gain more income from the current business so as to improve her standard of living.

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
  • 104
    View loans »
    Cambodia Loans Fundraising
  • $36,157,725
    Funds lent in using Kiva
  • 3,984.9
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Khy's Group's $625 loan helped a member to buy fertilizer, pesticides and gasoline for her farmland.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Mar 21, 2013
Listed
Apr 28, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014