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Ath's Group
In this Group: Ath, Sun, Nith, Thuok
Ath is the father of one son and resides in the Sampov Meas district of Pursat province, Ath farms rice on three hectares of land as his main source of income. He is able to earn up to 13,500 KHR per day from the business which he has had for two years. He took out a previous loan with VisionFund (Kiva’s partner) which he has repaid back completely. The loan has supported his rice cultivation. Now, Ath leads a group of four to apply for a new loan. He will spend his requested loan amount to buy four sacks of potash and to pay the plowing fee. He believes that he can make more income to expand his business at a bigger scale than before.

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
  • 126
    View loans »
    Cambodia Loans Fundraising
  • $36,207,275
    Funds lent in using Kiva
  • 4,099.8
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Ath's Group's $1,025 loan helped a member to buy four sacks of potash and to pay the plowing fee.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
May 23, 2013
Listed
Jun 28, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014