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Vutna's Group
In this Group: Vutna, Saran
A villager from the Battambang province’s Moung Russey district, Vutna is 42 years old and married. She has three dependent children, two of whom are still in school. The main source of her family’s income is from corn and rice cultivation. To supplement the income, her husband works for others for a fee. Having been in the farming business for 10 years, she is able to earn daily income of KHR 27,600 to support her family, and she can save about KHR 10,000 per day for future needs.

Vutna’s Group consists of two members who live in the same village. Vutna has been with VisionFund for two previous loans, and she completely paid back the past loans. Now she is leading her group to ask for a new loan. Vutna will use part of her share of this loan to buy fertilizers and pesticides for her farmland, and use another part to pay for farm labor. She hopes this loan will enable her to increase her crop yield, so as to make a better 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
  • 119
    View loans »
    Cambodia Loans Fundraising
  • $35,128,175
    Funds lent in using Kiva
  • 3,984.9
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Vutna's Group's $725 loan helped a member to buy fertilizers and pesticides for her farm, and to pay for farm labor.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Apr 8, 2013
Listed
May 8, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014