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Loeurp's Group
In this Group: Loeurp , Leurt
Loeurp is a resident from Moung Russey district of Battambang province. She is married and blessed with three dependent children. To strive for a living, she is involved in rice farming on one-and-a-half hectares of land as her main source of income. She also earns extra income via paid jobs. She has been involved in this business for eight years and it has returned her about 29,400 KHR per day.

This is the sixth-cycle loan for her with VisionFund (Kiva’s partner). Her past loan, which she has fully repaid has enabled her to increase her standard of living. Now, she leads a group of two to get a new loan. She is requesting a loan for 1,400,000 KHR and her co-borrower is applying for a loan of 1,200,000 KHR. As a leader, she will spend her entire loan to pay for a plowing fee and to buy fertilizer and pesticides for her crop. She hopes to gain a good yield to increase her income.

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
  • 120
    View loans »
    Cambodia Loans Fundraising
  • $35,859,500
    Funds lent in using Kiva
  • 4,000.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Loeurp's Group's $650 loan helped a member to pay for a plowing fee and to buy fertilizer and pesticides for her crop.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Mar 20, 2014
Listed
Apr 13, 2014
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2015