Check out some available loans that are similar to this one!
Kimhun's Group
In this Group: Kimhun, Socheng, Kimyean
Kimhun is at the age of 28 years and married with two dependent children. She lives in a rural village of the Banteay Meanchey province’s Mongkul Borey district, earning a living through farming rice, raising cows, and selling grocery items.

Together, they can earn about KHR 50,000 per day from the current businesses, and can save about KHR 30,000 each day for the future needs.

Kimhun is just with VisionFund this cycle. Now she is leading her group of three to ask for a loan. As the leader, she is going to use her portion to buy more grocery items for resale. She hopes to make more income from her current business 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.

Tags

About Cambodia

  • $2,600
    Average annual income
  • 104
    View loans »
    Cambodia Loans Fundraising
  • $36,157,725
    Funds lent in using Kiva
  • 4,070.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Kimhun's Group's $600 loan helped a member to buy more grocery items for resale.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Sep 2, 2013
Listed
Oct 7, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2014