Check out other loans that are currently fundraising!
Savan's Group
In this Group: Savan, Mengsim, Song, Sokhorn, Pov
Savan is 37-years-old and married. She lives with her husband and four children in a rural area located in the Koh Sotin district, Cambodia. She is a rice farmer and has been in this business for 19 years and her husband also produces sugar which he makes from the sugar palm. The current business earns her family about 50,000 KHR per day to feed the family but she manages to save about 30,000 KHR each day.

Savan’s group consists of five members and Savan is in her first microloan with VisionFund. Now she is leading her group to ask for a loan. Savan will use her portion to buy fertilizers, pesticides, and seeds for her farmland. She hopes this loan will enable her to earn more income from her current 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
  • 320
    View loans »
    Cambodia Loans Fundraising
  • $37,579,275
    Funds lent in using Kiva
  • 3,952.6
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Savan's Group's $1,275 loan helped a member to buy fertilizers, pesticides and seeds for her farmland.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jan 24, 2014
Listed
Feb 18, 2014
Currency Exchange Loss:
Possible
Ended:
Feb 20, 2015