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Sophat's Group
In this Group: Sophat, Vuthy
Residing in Kampong Cham province, Sophat is 43 years old and a widow. She has two children, one of whom is in school. To struggle for a living, she manages rice farming on 1 hectare of rice farm, a business that she has been involved in for ages.

This is the first microloan for Sophat with VisionFund (Kiva’s partner). She is now forming a group of two to get a new loan. As the leader, she will spend her entire loan portion to buy fertilizer and rice seeds for her family. She hopes that she can gain a good yield from her crop so she can earn more money to expand her 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
  • 237
    View loans »
    Cambodia Loans Fundraising
  • $37,070,300
    Funds lent in using Kiva
  • 4,073.0
    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 rice seeds for her family.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Sep 23, 2013
Listed
Oct 28, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014