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Nip's Group
In this Group: Nip, Yun
Nip is 30 years old and a mother of three kids. Her residential area is in Tbaung Khmum district of Kampong Cham province. Their one and half hectares of farmland and her husband's occupation as a construction worker are the main sources of her family’s income.

Nip has never been with VisionFund (Kiva’s partner) before, and she has formed a group of two to get a new loan. Nip is the leader, and she will spend her entire loan portion to buy fertilizer for her crop. She hopes that she can gain a good income in return so that she can expand 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
  • 331
    View loans »
    Cambodia Loans Fundraising
  • $37,587,725
    Funds lent in using Kiva
  • 3,982.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Nip's Group's $1,025 loan helped a member to buy fertilizer for her crop.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jan 27, 2014
Listed
Feb 20, 2014
Currency Exchange Loss:
Possible
Ended:
Feb 20, 2015