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Samleng's Group
In this Group: Samleng, Tom
Living in a wooden house with her family members in a rural village in the Sa Ang district, Samleng is 29 years old. She is married and has three children, one of whom is still in school. She and her husband earn a living through planting garlic. Having been in this business for 11 years, she is able to earn about 24,000 KHR per day to support her family’s needs.

Samleng has been with VisionFund for five cycles. She has completely paid back the past loans, which have helped her to better support her family and her child’s education. Now leading her group to apply for a loan, Samleng wants to use her portion to buy fertilizers and pesticides for her farmland. She hopes to increase her crop yield and earn more income to improve her standard of 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
  • 261
    View loans »
    Cambodia Loans Fundraising
  • $37,493,750
    Funds lent in using Kiva
  • 4,095.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Samleng's Group's $500 loan helped a member to buy fertilizers and pesticides for her farmland.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 24, 2013
Listed
Aug 27, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014