Check out some available loans that are similar to this one!
Sophen's Group
In this Group: Sophen, Sokheng
Sophen is a 34-year-old mother of three children living in a rural village of the Ou Reang Ov district, Cambodia. Out of her three children, she still has one son who is in school. To make a living, she and her husband have been farming rice and planting cassava for almost 14 years. The current business earns her about 28,000 KHR (Cambodian riels) per day.

This is the first microloan for Sophen’s group of two with Kiva’s partner VisionFund. Now leading her group to apply for a loan, Sophen will use her portion to buy fertilizers for her farmland, and will use a portion of it to spend on labor. She hopes this loan will enable her to earn more income so as to make a better living and keep her son in school until graduation.

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
  • 241
    View loans »
    Cambodia Loans Fundraising
  • $37,070,300
    Funds lent in using Kiva
  • 3,984.8
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Sophen's Group's $400 loan helped a member to buy fertilizers for her farmland.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Apr 23, 2013
Listed
May 25, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013