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Mom's Group
In this Group: Mom, Mom , Phary
Living in a rural area located in Battambang province’s Ek Phnom district, Mom, 44, has five children. Mom and her husband have been raising cows and working for others for a fee; her husband is also a construction worker to earn more income for the family. Having been in these businesses for 20 years, she is able to earn about 30,000 KHR per day to meet the family’s need.

Mom has been with VisionFund for seven cycles and has completely repaid the loans, which have helped her improve livelihood from cycle to cycle. Now, she is leading her group to ask for another loan to buy construction supplies for her husband's business. She hopes to make more income from her current business so as to improve her living lifestyle.

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
  • 214
    View loans »
    Cambodia Loans Fundraising
  • $35,768,625
    Funds lent in using Kiva
  • 4,102.9
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mom's Group's $950 loan helped a member to buy construction supplies for her husband's business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jul 16, 2013
Listed
Aug 17, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014