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Sokong's Group
In this Group: Sokong , Saron
Sokong is 27 years old and married. He lives with his wife and two children in a rural area located in the Ou Reang Ov district, Cambodia. He is a farmer who grows rice and cassava--he has been in this business for seven years. The current business earns his family about 20,000KHR per day to feed the family but he manages to save about 8,000KHR each day.

This is the first loan for Sokong’s group with Kiva’s partner, VisionFund. Now he is leading his group of two to ask for a loan. As the leader, Sokong wants to use his portion to buy fertilizer for his farmland and use a portion of it to spend on labor. He hopes this loan will enable him to increase his family’s business and earn more income 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
  • 99
    View loans »
    Cambodia Loans Fundraising
  • $35,066,900
    Funds lent in using Kiva
  • 3,984.8
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Sokong's Group's $525 loan helped a member to buy fertilizer for his farmland.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Apr 23, 2013
May 25, 2013
Currency Exchange Loss:
Dec 17, 2013