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Nhanh's Group
In this Group: Nhanh , Tylay
Nhanh is aged 37 and married. She has four children, one of whom is still in school. She and her family live in a village of the Thmor Koul district of Battambang province. To make a living, her husband has been working as an electrician for 10 years. To add more income, they also run a business as a motorbike washer, in the village. The current business earns her about 40,000 KHR per day, to meet the family’s needs.

Nhanh is just with VisionFund this loan cycle, and she is leading her group to ask for a loan. As the leader, she is going to use her portion of the loan to buy supplies to use in washing motorcycles. She hopes this loan will enable her to increase the income from her current business, so as to make a better 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
  • 218
    View loans »
    Cambodia Loans Fundraising
  • $35,768,625
    Funds lent in using Kiva
  • 4,095.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Nhanh's Group's $375 loan helped a member to buy supplies to use in washing motorcycles.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 9, 2013
Listed
Sep 11, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014