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Sarun's Group
In this Group: Sarun, Saran, Neang
Sarun, 31, is married with two children and resides in a rural village located in the Kampong Cham province’s Ponhea Krek district, Cambodia. For the last 13 years, she has been farming rice and planting cassava. To supplement the income, she can earn about 24,000KHR per day to meet the family’s need.

Sarun’s group consists of three members who live in the same village, and she has been a member of VisionFund for two cycles already. The past loans from VisionFund have helped her better support her family. Now leading her group to apply for a loan, Sarun, who is the leader, will use her portion to buy fertilizer and pesticides for her farmland.

She hopes this loan will enable her to earn more income 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
  • 329
    View loans »
    Cambodia Loans Fundraising
  • $37,587,725
    Funds lent in using Kiva
  • 4,091.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Sarun's Group's $525 loan helped a member to buy fertilizer and pesticides for her farmland.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 25, 2013
Listed
Aug 28, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014