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Saroeb's Group
In this Group: Saroeb, Pov
A rural villager from the Ek Phnom district of Cambodia, Saroeb is 37 years old and married with three children, one of whom who is in school while another two are still small. She and her husband are hard-working farmers who earn a living by farming rice and cucumbers. Saroeb can earn about 20,000 KHR per day to meet the family’s needs.

Saroeb has been with Kiva’s partner VisionFund for two loan cycles and successfully paid back her previous loans. The loans from VisionFund have helped to support the family’s business. As the leader of a two-person group, Saroeb will use her portion to buy fertilizers and seeds for her farmland. She hopes 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
  • 106
    View loans »
    Cambodia Loans Fundraising
  • $36,200,725
    Funds lent in using Kiva
  • 4,048.6
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Saroeb's Group's $700 loan helped a member to buy fertilizers and seeds for her farmland.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Aug 20, 2013
Listed
Sep 22, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014