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Senghan's Group
In this Group: Senghan, Phea
A young mother who is married and blessed with one young child at home, Senghan is a villager from Dambae district of Kamponmg Cham province. Cassava and rice farming are the only source of income for her in order to cover her daily costs of living. She has been with this business for 13 years and she can earn income 30,100 KHR per day. She and her co-borrower have never been with VisinFund (Kiva’s partner) before. Now she is seeking a loan for 1,400,000 KHR and her co-borrower is requesting a loan for 500,000 KHR. As the leader she will spend her loan portion to buy fertilizer, pesticide, to pay for plowing, harvesting fees and to pay for labor costs. She greatly hopes to expand her farmland further.

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
  • 329
    View loans »
    Cambodia Loans Fundraising
  • $37,587,725
    Funds lent in using Kiva
  • 4,024.1
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Senghan's Group's $475 loan helped a member to buy fertilizer, pesticide, to pay for plowing, harvesting fees and pay for labor costs.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Apr 11, 2014
Listed
May 10, 2014
Currency Exchange Loss:
Possible
Ended:
Mar 19, 2015