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Yeang's Group
In this Group: Yeang, Sorn, Chanthol, Kea, Horm
Yeang, 38 and married, is an inhabitant of Kampong Cham province. She has three children to care for, as they are still in school. She manages a five-hectare area for growing cassava.

With VisionFund (Kiva’s partner), she is a second-time borrower, whose first loan has been repaid completely. The previous loan enabled her to grow her cash crop on time and provided her a decent income. Now, she is in a group of six to apply for a new loan. As the group leader, she will use her loan portion to lease additional farmland, to plow her farmland, and to buy potash. She hopes that she can replant her crops seasonably and better her lifestyle.

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
  • 232
    View loans »
    Cambodia Loans Fundraising
  • $37,057,450
    Funds lent in using Kiva
  • 3,991.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Yeang's Group's $1,250 loan helped a member to lease an additional parcel of farmland, to plow her farmland, and to buy potash.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Apr 5, 2013
Listed
May 9, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014