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Pert's Group
In this Group: Pert , Poern
A married father of three children, Pert is 32 years old and lives in a rural village of Moung Russey, Cambodia. Of his three children, two are still dependent on him for support and attend school. To support their family, Pert and his wife farm rice and plant cassava as a main source of income. They have been in this business for 10 years.

Pert is in his third cycle with VisionFund. He paid back his previous loans, which has helped relieve his family’s burden. He is now leading a group of two to apply for another loan. He plans to use his portion of the loan to purchase fertilizers, pesticides, and seeds for his farmland, as well as to pay for labor.

He hopes this loan will enable him to increase his family’s income and to improve their quality of life.

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
  • 120
    View loans »
    Cambodia Loans Fundraising
  • $35,859,500
    Funds lent in using Kiva
  • 3,984.8
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Pert's Group's $725 loan helped a member to buy fertilizers, pesticides, and seeds for his farmland.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Apr 25, 2013
Listed
May 27, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014