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Pet's Group
In this Group: Pet, Chanthan
A rural villager from Battambang province’s Moung Russey District, Pet lives with his wife and seven children; one of whom is dependent. He is 54 years old and he plants rice on three hectares of farmland in the rainy season. It is his main source of income. He has been involved with this business for 35 years.

Pet is a seventh-cycle client with VisionFund and has successfully repaid previous loans. The past loans have helped him to manage his business better than before. Now he leads a group of two members to request a new loan. He is seeking a loan amount of 500,000 KHR while another one is applying for 1,000,000 KHR. As the group leader, he will spend his loan portion to buy fertilizer for his farmland. He hopes to make a good income to provide his family better living conditions.

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
  • 329
    View loans »
    Cambodia Loans Fundraising
  • $37,587,725
    Funds lent in using Kiva
  • 4,042.9
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Pet's Group's $375 loan helped a member to buy fertilizer for his farmland.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jun 24, 2013
Jul 30, 2013
Currency Exchange Loss:
Jul 17, 2014