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Kunthea's Group
In this Group: Kunthea, Sreyoun
A young married mother of two kids living in Kampong Cham province, Kunthea is a farmer who grows rice on a half hectare area as the main source of income. Her husband also assists in earning a decent income via working at construction sites. This is the first microloan for Kunthea’s group with VisionFund (Kiva’s partner).

Her group, consisting of two female members, is seeking 1,000,000 KHR each. As the leader, Kumthea will spend her loan portion to buy potash for her farmland. She hopes that she can make more profit to improve her living conditions.

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
  • $36,585,575
    Funds lent in using Kiva
  • 4,038.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Kunthea's Group's $500 loan helped a member to buy potash for her farmland.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 10, 2013
Listed
Jun 9, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014