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Sreyleak's Group
In this Group: Sreyleak, Chanthol, Yoeurn
Sreyleak is a resident of Siem Reap province, Cambodia. She is 25 years old and a young mother of one dependent child. For the sake of her family, she does rice cropping on a half-hectare plot of farmland as a single source of income.

Now, she is in her third cycle with VisionFund (Kiva’s partner). With a successful repayment of her past loan, she has managed to improve for a good living condition in her household.

Now, she formed a group of three to get a new loan. As the leader, she will spend her entire loan portion to pay for the reaping fee for her crop. She hopes that she can collect her yield in a timely manner and with a good income in return.

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.

Tags

About Cambodia

  • $2,600
    Average annual income
  • 293
    View loans »
    Cambodia Loans Fundraising
  • $37,541,925
    Funds lent in using Kiva
  • 3,992.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Sreyleak's Group's $1,075 loan helped a member to pay for reaping fees for her rice crop.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Dec 18, 2013
Listed
Jan 17, 2014
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2015