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Sitha's Group
In this Group: Sitha, Run, Korng, Sokroth
A peasant from Thmor Koul district of Battambang province, Sitha is married and blessed with five children. To sustain the family, she farms rice on one hectare, the family's main source of income, while her husband works for others for extra income. Engaged in farming for 15 years, Sitha earns about 35,600 KHR per day.



Having managed her previous loan wisely to support her business, Sitha a second-time borrower, is leading a group of three to request a new loan. She will use her 1,000,000 KHR portion to pump water and to buy pesticide for her farmland. She is very hopeful that she can earn more income to save for future needs, especially when she gets older.

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
  • 61
    View loans »
    Cambodia Loans Fundraising
  • $35,053,050
    Funds lent in using Kiva
  • 4,013.5
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Sitha's Group's $650 loan helped a member to pump water and to buy pesticide for her farmland.
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:
Dec 17, 2013