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Saingry's Group
In this Group: Saingry , Sambath
Saingry, 28, is married and has three children. She resides in a rural village of the Thmor Koul district, in Battambang province. One of her children is in school. To support the family, she has been farming rice for three years, while her husband works as a paid worker for others. Together, they can earn about KHR50,000 per day and can save about KHR20,000 each day, for future needs.

Saingry’s group consists of two members, who are both female. Saingry has been with VisionFund for four loan cycles. She completely paid back the previous loans to VisionFund, and she successfully used the loans to better support her family. She and her group member are applying for a new loan. Saingry will use her portion of the loan funds to buy fertilizer and rice seed for her farmland. She hopes to reap more rice, to increase her family’s income and 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.

About Cambodia

  • $2,600
    Average annual income
  • 122
    View loans »
    Cambodia Loans Fundraising
  • $36,207,750
    Funds lent in using Kiva
  • 4,073.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Saingry's Group's $600 loan helped a member to buy fertilizer and rice seed for her farmland.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Sep 17, 2013
Listed
Oct 23, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014