Check out some available loans that are similar to this one!
Voleak's Group
In this Group: Voleak, Phorn
Residing in the Ponhea Krek district of Kampong Cham province, Voleak is 41 years old and makes a living to support her children through cassava farming and trading rubber tree seedlings. She has been involved in this business since she was 20 years old. Voleak is new to VisionFund (Kiva’s partner). She joins a group of two to apply for a new loan of 1,000,000 Cambodian riel (KHR) each. As the leader, she will spend her loan portion to buy more rubber tree seedlings to resell. She hopes to earn more income from both of her businesses so she can buy an additional plot of farmland to expand her business.

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
  • 111
    View loans »
    Cambodia Loans Fundraising
  • $35,452,575
    Funds lent in using Kiva
  • 4,067.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Voleak's Group's $500 loan helped a member to buy more rubber tree seedlings to resell.
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:
Apr 16, 2014