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Sophang's Group
In this Group: Sophang, Srey, Nak, Sat
Sophang, who is 20 years old and married, lives in Moung Russey district of Battambang province, where rice farming is the most popular crop. Sopang farms rice as her main source of income. This business returns her about 30,300 KHR per day.

Now requesting her first loan for with Kiva partner VisionFund, Sophang leads a group of four. She will spend her loan portion to buy fertilizer and insecticide for her crop. She hopes that she can gain a yield better than last year's.

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
  • 106
    View loans »
    Cambodia Loans Fundraising
  • $36,157,725
    Funds lent in using Kiva
  • 4,078.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Sophang's Group's $725 loan helped a member to buy fertilizer and insecticide for her crop.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Sep 19, 2013
Listed
Oct 26, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014