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Teu's Group
In this Group: Teu, Davy, Sophea
Teu, 44, is a single man and he lives in Battambang province. To overcome the financial burden, he does rice cropping as the main source of income for his family. He supplements the income by selling various kinds of fruit. He has been run this business for 24 years and can earn about 52,100 KHR per day and manage to save 5,900 KHR each day after his daily costs.

Teu has been with VisionFund, Kiva’s partner, for two cycles and he has completely paid back the past loans. Now he is leading his group of three members to apply for a new loan. As the leader, he will spend his loan portion to buy fertilizers for his farmland and use a portion of it to spend on buying fruits to resell. He hopes to extend his farmland so as to improve his 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
  • 263
    View loans »
    Cambodia Loans Fundraising
  • $38,016,925
    Funds lent in using Kiva
  • 4,076.5
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Teu's Group's $850 loan helped a member to buy fertilizers for his farmland.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
May 27, 2013
Jun 30, 2013
Currency Exchange Loss:
Jun 17, 2014