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Dy's Group
In this Group: Dy, Phorn
Dy, 29 years old, is a villager from the Tbaung Khmum district of the Kampong Cham province and is one of the breadwinners in her family consisting of two dependent children. To provide sufficient food for her children, she can earn more income through rice farming and as a paid worker at a construction site. She has been involved in her current business for several years. This is the first microloan for Dy and her co-borrower with VisionFund (Kiva’s partner) and they are requesting a loan amount of 1,000,000 KHR each. As the leader, she will spend her entire loan portion to buy fertilizer for her crop and to buy necessary materials to support her occupation. She hopes to gain more income from her business as well as to get a high salary from her job.

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
  • 132
    View loans »
    Cambodia Loans Fundraising
  • $35,084,000
    Funds lent in using Kiva
  • 4,016.1
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Dy's Group's $500 loan helped a member to buy fertilizer for her crop and necessary materials to support her occupation.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 11, 2013
Listed
Nov 11, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2014