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Sithorn's Group
In this Group: Sithorn, Craem
38 years of age, Sihtorn is married and lives with her family in a rural area located in the Moung Russey district of Battambang province.

She is a mother of four children. She and her husband earn a living through selling Khmer noodle and rice soup. They have been in this business for 10 years. Together, she and her husband can earn about KHR 24,000 per day from the current business, and are able to save about KHR 14,000 each day for the future.

This is the fifth loan for Sithorn with VisionFund. She has used the past loans wisely and successfully to improve her family’s livelihood. Now she is leading her group to ask for a loan. As the leader, she is going to use her portion to buy spices for making soup. She hopes this loan will enable her to earn more income from her current business.

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
  • 286
    View loans »
    Cambodia Loans Fundraising
  • $37,502,950
    Funds lent in using Kiva
  • 4,070.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Sithorn's Group's $650 loan helped a member to buy spices for making Khmer noodle and rice soup.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 5, 2013
Listed
Oct 8, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014