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Sony's Group
In this Group: Sony, Net
Sony, 31, lives in a rural village of the Kampong Cham Province’s Tbaung Khmum District. She is a married mother of four children, all of whom are dependents and still in school. Her family’s income comes from growing cassava on five hectares. To complement their income, she also sells grocery items. From her current business, she can earn about KHR50,000 per day and manages to save about KHR24,000 per day for their future needs.

Sony has been with VisionFund for one cycle and has completely repaid her first loan. With the loan from VisionFund, she improved her living conditions. Now applying for another loan, she is going to buy fertilizers for her cultivated land. With this loan, she hopes to expand her farmland so as 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
  • 113
    View loans »
    Cambodia Loans Fundraising
  • $36,215,100
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Sony's Group's $2,000 loan helped a member to buy fertilizers for her cultivated land.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Aug 9, 2013
Listed
Sep 11, 2013
Currency Exchange Loss:
N/A
Ended:
Mar 19, 2015