Check out some available loans that are similar to this one!
Khun's Group
In this Group: Khun, Somol, Ros, Chanthy
Khun is a 51-year-old married mother from the Kandal Stoeng district of Kandal province. She has six children, two of whom are still in school. Khun is a rice grower on a half hectare of farmland she has had for 10 years. Her main source of income is used to support the daily food consumption, her kids’ education, and other necessary expenses.

Khun, the second-time borrower with VisionFund, forms a group of four to apply for a new loan. The original loan, that she has fully repaid, has helped her to relieve her family’s burden and improve its livelihood. The total loan amount of her group is 4,000,000 KHR. As the leader, Khun will spend her loan portion of 1,000,000 KHR in order to buy good rice seed, potash, and insecticide for her farmland. She highly hopes that she can make triple the income from her current business so as she can sustain her living condition as well as to keep her children in school.

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
  • 129
    View loans »
    Cambodia Loans Fundraising
  • $35,929,100
    Funds lent in using Kiva
  • 4,038.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Khun's Group's $1,000 loan helped a member to buy a good rice seed, potash, and insecticide.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
May 9, 2013
Listed
Jun 8, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014