Check out other loans that are currently fundraising!
Chanthou's Group
In this Group: Chanthou, Men, Pheap
Originally from a village of the Dambae district where crop farming is a common way to make a living, Chanthou is a 24-year-old and she is married. Rice farming and cassava planting are the main sources of the family’s income. The current business earns her about 30,000 KHR per day to meet the family’s need.
This is the second microloan for Chanthou with Kiva’s partner, and she has completely paid back the first loan. Now leading her group of three to apply for a loan, Chanthou will use her portion to buy fertilizers for her farmland and also use a portion of it to plough the field. She hopes this loan will enable her to have another source of family’s income so as to increase her income and make for a better living.

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
  • 236
    View loans »
    Cambodia Loans Fundraising
  • $37,057,450
    Funds lent in using Kiva
  • 4,099.9
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Chanthou's Group's $750 loan helped a member to buy fertilizers for her farmland.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 11, 2013
Listed
Aug 16, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014