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Met's Group
In this Group: Met, Hat, Chreb
Met, 39, is a married mother of four children. These days, only three of her children are dependent on her, as two of them are in school. The remaining one is still too young for schooling. Met's main source of income is rice farming, though she and her husband also work for others for a fee to supplement their income. She has been involved in her current business for ages and it has returned her about 8,800 Cambodian riel (KHR) per day. Met, who is new to VisionFund (Kiva’s partner), is leading her first microloan group, consisting of three female members, to seek a new loan. Met will spend her loan portion, 500,000 KHR, in order to buy potash for her farmland. She hopes to boost her crop yield and make a good income.

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
  • 246
    View loans »
    Cambodia Loans Fundraising
  • $35,768,625
    Funds lent in using Kiva
  • 4,067.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Met's Group's $625 loan helped a member to buy potash for her farmland.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 4, 2013
Listed
Aug 9, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2014