Check out some available loans that are similar to this one!
Sophat's Group
In this Group: Sophat, Davy
Sophat is 47 years old and a married mother of four children, one of whom still counts on her as this kid is still in school. She has been engaged in her current business for 10 years. With VisionFund (Kiva’s partner), she is a fourth-time borrower. She has repaid her past loan completely with success and it has enabled her to improve her lifestyle so it is better than before. For this cycle, she formed a group of two to get a new loan. As the leader, she will spend her entire loan portion to buy fertilizer and insecticide, and to pay labor costs. She hopes that she can gain a better yield than last year.

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
  • 86
    View loans »
    Cambodia Loans Fundraising
  • $35,066,900
    Funds lent in using Kiva
  • 4,080.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Sophat's Group's $500 loan helped a member to buy fertilizer and insecticide and to pay labor costs.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Sep 17, 2013
Listed
Oct 24, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014