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Seat's Group
In this Group: Seat, Srey, Rin, Sroeun, Leakhena
Seat, age 58 and widowed, is a cassava farmer. She has two children and lives in Kampong Cham province. Her cassava-farming business brings her about 13,800 KHR per day.

Seat is the leader of this new micro-loan group of five borrowers. She will utilize her loan portion to buy insecticide for her farmland. She is confident that she can minimize crop loss due to pests through this investment.

Her goal is to attain a good yield that she can offer for sale at a good profit.

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
  • 117
    View loans »
    Cambodia Loans Fundraising
  • $36,585,575
    Funds lent in using Kiva
  • 4,047.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Seat's Group's $450 loan helped a member to buy insecticide for her farmland.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 14, 2013
Listed
Jul 17, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014