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Pheap's Group
In this Group: Pheap, Leap, Sreykeo, Ny
Married with one little kid, Pheap is a 23-year-old rice grower residing in Moung Russey district of Battambang province. She has worked in her current business for five years. She is able to earn up to 23,500 KHR per day. This is not the first loan for Pheap with VisionFund (Kiva’s partner). She has wisely managed her loans to upgrade her lifestyle in a gradual manner and has repaid her past loan with success.

Now, she leads a group of four to apply for a new loan. The total amount of her group loan is 2,700,00 KHR while 1,000,000 KHR is Pheap’s portion. As the leader, she will spend her loan portion to buy potash, insecticide, and to pay for labor cost. She highly believes that she can gain a better income 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
  • 123
    View loans »
    Cambodia Loans Fundraising
  • $35,126,200
    Funds lent in using Kiva
  • 3,981.8
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Pheap's Group's $700 loan helped a member to buy potash, insecticide, and to pay for labor cost.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jun 3, 2013
Listed
Jul 5, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 19, 2014