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Koeun's Group
In this Group: Koeun, Koeurn, Sreytouch, Srey
Koeun is 48 years old and blessed with four children. For the sake of her family, she grows vegetables as the main source of income. The business that she has been with for ages earns her about 27,000 KHR per day. Koeun is a repeat borrower with VisionFund (Kiva’s partner). As the leader, she will spend her entire loan portion to buy garlic chives and banana trees to earn additional income. She hopes that she can earn an even better income from 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
  • 117
    View loans »
    Cambodia Loans Fundraising
  • $36,556,325
    Funds lent in using Kiva
  • 4,008.5
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Koeun's Group's $1,000 loan helped a member to buy garlic chives and banana trees for growing more produce.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 24, 2013
Listed
Nov 25, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014