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Saman's Group
In this Group: Saman, Toun, Ty, Pi
Saman, 34, is a widowed lady from Srey Snom district of Siem Reap province. Her main source of income is from 1.5 hectares of land for rice farming. It is the business that she has been in for ages and she is able to earn up to KHR 25,000.

This is the first microloan for her group, consisting of four female members. The total amount of her group loan is KHR 1,600,000. Saman's portion of the loan is KHR 500,000.

As the leader, she will spend her loan portion to buy fertilizer and insecticide for her crops. She hopes to make more income to improve her lifestyle.

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
  • 330
    View loans »
    Cambodia Loans Fundraising
  • $37,587,725
    Funds lent in using Kiva
  • 3,982.2
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Saman's Group's $425 loan helped a member to buy fertilizer and insecticide for her crops.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 7, 2013
Listed
Jul 8, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014