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Nen's Group
In this Group: Nen, Som, Thea, Sokren
Living in a rural village of the Cheung Prey district of Kampong Cham province, Nen is a 29-year-old mother of two dependent children; one is in school while the other one is still too young for school. She is a rice farmer in the local area. She does this to support her family. Having been in this business for nine years, she is able to earn about 37,000 KHR per day and she can manage to save about 20,000 KHR each day after daily expenses.
This is the first loan for Nen with Kiva’s partner, VisionFund. Now she is leading her group to apply for a loan. As the leader, she is going to use her portion to buy fertilizer and rice seeds for her farmland. She hopes this loan will enable her to grow her rice timely and successfully so as to have a better living and keep her child 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
  • 126
    View loans »
    Cambodia Loans Fundraising
  • $35,070,500
    Funds lent in using Kiva
  • 3,991.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Nen's Group's $1,025 loan helped a member to buy fertilizer and rice seeds for her farmland.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Apr 3, 2013
Listed
May 5, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014