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Sarorn's Group
In this Group: Sarorn, Vanna
Living in a wooden house with her family members in a rural village of the Moung Russey district, Sarorn is aged 32 and married with four children. She and her husband earn a living through farming rice. Having been in this business for several years, she manages to earn about 13,000 KHR per day and can save about 4,000 KHR each day for the future needs.

This is group loan for Sarorn’s group of two, who live in the same village, and she is the first cycled client. Now leading her group to apply for a loan, Sarorn wants to use her portion to buy fertilizer and pesticides for her farmland. She hopes to increase her crop yields and earn more income to improve her standard of 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
  • 139
    View loans »
    Cambodia Loans Fundraising
  • $35,951,550
    Funds lent in using Kiva
  • 4,073.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Sarorn's Group's $425 loan helped a member to buy fertilizer and pesticides for her farmland.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Sep 18, 2013
Listed
Oct 23, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2014