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Soeurt's Group
In this Group: Soeurt, Poch
Soeurt is 47 years old and married. She is a villager from Ek Phnom district of Battambang province. Her main source of income is from their fish and snail selling business. Her husband has helped her to earn a living via fish catching. She has been involved in her current business for 10 years. Including this loan, she is a fourth-cycle client with VisionFund (Kiva’s partner).

Soeurt has fully repaid her past loans and used them wisely to uplift her living conditions. Moreover, she was able to renovate her house. For this new cycle, she and her co-borrower are seeking 1,000,000 KHR and 700,000 KHR. Soeurt is the leader, and she will spend her loan portion to buy an additional boat for her husband and her son to catch more fish for resale. She hopes to gain a good profit to improve her living conditions.

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
  • 104
    View loans »
    Cambodia Loans Fundraising
  • $35,470,050
    Funds lent in using Kiva
  • 4,095.5
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Soeurt's Group's $425 loan helped a member to buy an additional boat for her husband and her son to catch more fish for resale.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Aug 7, 2013
Listed
Sep 9, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2014