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Rem's Group
In this Group: Rem, Savy, Leap
Originally from a rural village of Battambang province’s Moung Russey district, Rem is a 27-year-old mother of two children, both of whom are in school. Rem farms rice and works for others for a fee, earning about 37,000KHR per day. She can manage to save about 20,000KHR each day.

Rem has been with VisionFund for one loan, which helped her better support her family. With the loan repaid, she is now leading her group to request a new one. Rem will use her portion to buy fertilizer and seeds for her farmland. She hopes to make 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
  • 121
    View loans »
    Cambodia Loans Fundraising
  • $35,122,200
    Funds lent in using Kiva
  • 4,000.0
    Cambodia Riels (KHR) = $1 USD
Paying Back

This loan has been fully funded!

A portion of Rem's Group's $750 loan helped a member to buy fertilizer and seeds for her farmland.
66% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Mar 14, 2014
Listed
Apr 8, 2014
Currency Exchange Loss:
Possible