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Vy's Group
In this Group: Vy, Som, Koun, Chantola
Originally from a rural village of the Sa Ang district of Kandal province, Vy is a 50-year-old mother of four children, all of whom are still in school. Rice farming and cabbage growing have been the sources of her family’s income to make a living for 32 years. The current business earns her about 29,000 KHR per day.

Vy has been with VisionFund for six cycles and she completely paid back the past loans. Now she is leading her group of four to seek a loan. As the leader, she is going to use her portion to buy pesticides, fertilizer and seeds for her farmland. She hopes to earn more income from her rice paddy.

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
  • 302
    View loans »
    Cambodia Loans Fundraising
  • $37,552,375
    Funds lent in using Kiva
  • 4,008.5
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Vy's Group's $800 loan helped a member to buy pesticides, fertilizer and seeds for her farmland.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 25, 2013
Listed
Nov 25, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014