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Leang's Group
In this Group: Leang , Sokroen, Dara, Sophorn
A married mother living in a rural village of the Sa Ang district of Kandal province, Leang is age 40 and a mother of six children. For the last twenty years, Leang has been growing rice, mango and taro to make a living. She and her husband can earn about 11,000KHR per day and they can manage to save about 6,000KHR each day after daily expenses.

Leang has been with VisionFund for one cycle while the other members of this group are with VisionFund for just this cycle. Leang completely paid back the past loan which helped her better support her family. Now she is leading her group of four to ask for new loan. As the leader, she is going to buy fertilizer, seeds and pesticides for her farmland. She hopes this loan will enable her to earn more income from her current business 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
  • 317
    View loans »
    Cambodia Loans Fundraising
  • $37,587,725
    Funds lent in using Kiva
  • 3,986.9
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Leang's Group's $1,025 loan helped a member to buy fertilizer, seeds and pesticides for her farmland.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Apr 10, 2013
Listed
May 11, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014