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Pov's Group
In this Group: Pov, Pheng , Boulen, Keb
Pov lives in the village of Thmor Koul district of Battambang province, Cambodia. She is 55 years old and the married mother of eight children, one of whom is still in school.

She has been selling chicken meats and soft drinks as her primary sources of income. Pov is in a group consisting of four members. It is the first loan for Pov and her group members with VisionFund.

They are applying for a loan of 200,000 KHR each. As the group leader, Pov is going to use her loan portion to buy more chicken meats and soft drinks to sell.

She hopes to make a good income from her business to make a better living for her family.

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
  • 103
    View loans »
    Cambodia Loans Fundraising
  • $36,157,725
    Funds lent in using Kiva
  • 4,064.9
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Pov's Group's $200 loan helped a member to buy more chicken meats and soft drinks to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 19, 2013
Listed
Aug 23, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014