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Malay's Group
In this Group: Malay, Song, Vy
Originally from a rural village of the Thmor Koul district of Battambang province, Malay is a 29-year-old, married mother of three children, one of whom is still in school. Raising pigs and selling grocery items have been the main sources of her family’s income for eight years. Malay can earn about 20,000 KHR per day to meet her family’s needs. She manages to save about 7,000 KHR each day for future needs.

Malay has been with VisionFund for six cycles and completely repaid all her previous loans. Now she is leading her group to ask for a loan. Malay, who is the leader, will use her portion to buy more pigs to raise. She hopes to fatten her pig so as to improve her standard of 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
  • 107
    View loans »
    Cambodia Loans Fundraising
  • $35,070,500
    Funds lent in using Kiva
  • 3,987.4
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Malay's Group's $875 loan helped a member to buy more pigs to raise.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 21, 2013
Listed
Jun 18, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014