Check out some available loans that are similar to this one!
Chanty's Group
In this Group: Chanty, Bouhouy, Bunheng, Buncheng, Sokchea, Seab
A 50-year-old mother of seven children, Chanty resides in a rural village of Pursat province’s Sampov Meas district, Cambodia. To earn a living, she has been farming rice on five hectares of farmland. She can earn about KHR 40,000 per day from the current business and can save about KHR 20,000 each day for their future needs.

This will be Chanty's first loan with Kiva’s partner VisionFund. As the leader of her borrower group, Chanty will use her portion of the loan to buy fertilizers for her farmland. She hopes to increase her family’s business and gain more income.

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.

Tags

About Cambodia

  • $2,600
    Average annual income
  • 125
    View loans »
    Cambodia Loans Fundraising
  • $35,859,500
    Funds lent in using Kiva
  • 4,072.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Chanty's Group's $1,875 loan helped a member to buy fertilizers for her farmland.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Aug 23, 2013
Listed
Oct 2, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2014