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Yen's Group
In this Group: Yen, Toum
Yen is 54 years old and living with her family members in a rural village located in the Moung Russey district of Battambang province. She is married with five children. To make a living, she has been farming rice for 15 years. The current business earns her about 60,000 KHR per day and she manages to save about 20,000 KHR each day for her future needs.

Yen has been with VisionFund for one cycle and completely paid back the loan. Now she is leading her group to ask for a loan. As the leader, she is going to use her portion to buy fertilizer and seeds for her farmland. She hopes to raise more crops to sell for a good price.

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
  • 199
    View loans »
    Cambodia Loans Fundraising
  • $35,768,625
    Funds lent in using Kiva
  • 3,998.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Yen's Group's $675 loan helped a member to buy fertilizer and seeds for her farmland.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Apr 24, 2014
Listed
May 23, 2014
Currency Exchange Loss:
Possible
Ended:
Mar 19, 2015