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Chiva's Group
In this Group: Chiva, Thea
Chiva is 22 years old, married, and has one daughter who attends school. She is a local villager from Thmor Koul district of Battambang province. The two-hectare area of rice farming is her main source of her family’s income.

Chiva's main challenge is the shortage of working capital to support her farmland. She formed a group of two to apply for a new loan from VisionFund where she has fully repaid her past loan.

Chiva is requesting a loan for 1,400,000 KHR while her group member is requesting 1,200,000 KHR. As the leader, Chiva will use her loan to buy fertilizer and a pump water for her rice farm. She hopes this purchase will boost her crop output and return a good income.

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
  • 118
    View loans »
    Cambodia Loans Fundraising
  • $36,211,875
    Funds lent in using Kiva
  • 4,013.5
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Chiva's Group's $650 loan helped a member to purchase fertilizer and a pump water for her rice farm.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Apr 11, 2013
Listed
May 16, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014