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Khorm's Group
In this Group: Khorm, Khorm, Ney
Living a wooden house in the Moung Russey district of Battambang province, Khorm is 49 years old and married with three children. The main source of her family’s income is rice farming. She has been in this business for almost 20 years. With the current business, she can earn about 50,000 KHR per day.

This is the sixth loan for Khorm with VisionFund and she has successfully paid back all of her previous loans. She successfully used the past loan to improve her livelihood. Now leading her group to apply for a loan with VisionFund, she is going to use her portion to buy fertilizer for her farmland. She hopes to increase her crop yield and sell it for a good price so as to better support her family.

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
  • 267
    View loans »
    Cambodia Loans Fundraising
  • $37,517,900
    Funds lent in using Kiva
  • 4,000.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Khorm's Group's $1,050 loan helped a member to buy fertilizer for her farmland.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 19, 2014
Listed
Apr 9, 2014
Currency Exchange Loss:
Possible
Ended:
Mar 19, 2015