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Rean's Group
In this Group: Rean, Hou, Sreymom, Kimseam
Rean, 62, is married with four dependent children. Her family lives in a house with a thatch roof, located in Battambang province’s Thmor Koul district. The main source of her family’s income is from selling grocery items. Having been in this business for 13 years, she is able to earn about 80,000 KHR per day and she is able to save about 20,000 KHR each day.

Rean received her first loan with Kiva’s partner, VisionFund, one cycle ago and has effectively used it to sustain her family’s business. Now she is leading her group to ask for a loan. As the leader, she is going to use her portion to buy more grocery items to resale. She hopes to increase her crop yields to earn more income to make a living better.

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
  • 121
    View loans »
    Cambodia Loans Fundraising
  • $35,859,500
    Funds lent in using Kiva
  • 4,070.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Rean's Group's $725 loan helped a member to buy more grocery items to resale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 5, 2013
Listed
Oct 10, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014