Check out some available loans that are similar to this one!
Chanleak's Group
In this Group: Chanleak, Horn, Sophea
Chanleak, 35, is married and has three children. She is a resident from Moung Russey district of Battambang province. To support her living, she does rice farming and corn growing as the main source of family income. She has been involved in the current business for 10 years.

Chanleak is not a first-time borrower with VisionFund (Kiva’s partner). Her past loan was the first loan with VisionFund. She has completely repaid her past loan with success, and it has enabled her to upgrade her lifestyle in a gradual manner.

Now, she is in a group of three to apply for a new loan. The total loan amount of her requested loan is 3,600,000 KHR (Cambodian riels). As the group leader, she will spend her loan portion to buy fertilizer and insecticide, and to pay for labor. She hopes that she will gain a good yield, better than last year's.

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
  • 56
    View loans »
    Cambodia Loans Fundraising
  • $35,066,900
    Funds lent in using Kiva
  • 3,987.1
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Chanleak's Group's $925 loan helped a member to buy fertilizer and insecticide and to pay for labor.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Apr 10, 2013
Listed
May 15, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014