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Young's Group
In this Group: Young , Noern, Tem, Saven
Young, 57, lives with her husband and three children in a rural village of the Moung Russey district of Battambang province, Cambodia. She has struggled to feed and care for her children by farming rice on three hectares of farmland for the past 10 years. Together, they can earn about 20,000 KHR per day and manage to save about 10,000 KHR each day for the future.
Young’s group of four have been members of VisionFund for one cycle already, and they completely paid back the loan. Young wisely and successfully used the loans from VisionFund to relieve her family’s financial burden and afford to buy some basic household necessities for the family. As the leader, she is leading her group in applying for another loan. She wants to use her portion to buy fertilizers for her farmland. She hopes to grow her rice healthily and earn more healthy crops to 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
  • 190
    View loans »
    Cambodia Loans Fundraising
  • $36,987,750
    Funds lent in using Kiva
  • 4,058.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Young's Group's $300 loan helped a member to buy fertilizers for her farmland.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Sep 25, 2013
Listed
Nov 1, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 18, 2014