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Salin's Group
In this Group: Salin, Mith, Suesdey, Soeurn
Salin, 66, is a citizen from Bovel district of Batatmbang province. She has two kids who are still students. The main source of her family income is from rice farming and her husband's occupation as a house builder and paid-worker. The business that she has done for 15 years has enabled her to earn up to 30,000 KHR per day. Salin is in a sixth-cycled loan VisionFund (Kiva’s partner). She has repaid back her past loan completely and it has enabled her to uplift her lifestyle. Now, she leads a group of four to get a new loan. As the leader, she will spend her entire loan portion to pay for plowing fees, to buy fertilizer, and to pay labor costs. She highly believes that she can gain a good yield, better than before.

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
  • 119
    View loans »
    Cambodia Loans Fundraising
  • $36,585,575
    Funds lent in using Kiva
  • 4,024.1
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Salin's Group's $1,300 loan helped a member to pay for plowing fees, to buy fertilizer, and to pay for labor costs.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Apr 11, 2014
Listed
May 11, 2014
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2015