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Seangheng's Group
In this Group: Seangheng, Saroeurn, Seangleng
Seangheng is a resident from Koh Sotin district, Kampong Cham province. She lives in a wooden house with her husband and three children. All of the children are still in school.

The couple has been farming rice and growing corn and sesame to support the family for around 20 years.

Introduced by a loan officer, Seangheng formed a group of three female members to apply for loans from VisionFund. She needs the money to buy fertilizers and rice seeds and also to pay for labor fees.

She hopes to expand her business so she can make more money for the family to live better.

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
  • 188
    View loans »
    Cambodia Loans Fundraising
  • $36,987,750
    Funds lent in using Kiva
  • 4,000.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Seangheng's Group's $700 loan helped a member to buy fertilizers and rice seeds and to pay for labor fees.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Mar 20, 2014
Listed
Apr 10, 2014
Currency Exchange Loss:
Possible
Ended:
Mar 19, 2015