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Monor's Group
In this Group: Monor, Omara, Phen, Orng
Monor, 46, is widowed and lives with her family in a village of the Thmor Koul district. She has children. To make a living, she has been farming rice and working for others for a fee for three years and the current business earns her family about 46,000KHR per day to meet the family.

Monor has been with VisionFund for six cycles and has completely paid back the past loans. Monor, who is the leader, is leading her group to apply for a loan. She will use her portion to buy fertilizers and seeds for her farmland and use a portion of it to spend on labour. She hopes to increase her family’s income from her current business so as to make a better living.

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
  • 86
    View loans »
    Cambodia Loans Fundraising
  • $35,066,900
    Funds lent in using Kiva
  • 4,006.9
    Cambodia Riels (KHR) = $1 USD
Paying Back

This loan has been fully funded!

A portion of Monor's Group's $1,350 loan helped a member to buy fertilizers and seeds for her farmland.
76% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 6, 2014
Listed
Apr 2, 2014
Currency Exchange Loss:
Possible