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Hul's Group
In this Group: Hul, Samorn
Hul is aged 34 and a villager from the Ponhea Krek district of the Kampong Cham province. She is a rice and cassava grower and a mother of two dependents children. Nowadays, she is able to earn about 30,000 KHR per day from the current business that she has had for several years. She has never been with VisionFund (Kiva’s partner) before and she and her joint borrower are seeking a loan of 1,000,000 KHR and 200,000 KHR, respectively. As the leader, she will spend her entire portion of the loan to buy fertilizer for both of her cash crops. She hopes to increase her crop yield and obtain a good selling price.

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
  • 292
    View loans »
    Cambodia Loans Fundraising
  • $37,544,775
    Funds lent in using Kiva
  • 4,016.1
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Hul's Group's $300 loan helped a member to buy fertilizer for her both cash crops (rice and cassava).
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Oct 11, 2013
Listed
Nov 11, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014