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Hun's Group
In this Group: Hun, Roun, Sambo, Sea
Hun is 58 years old, living with her husband and five children in a rural village of the Koh Sotin district. Rice farming is the only source for her family’s income for about 38 years. The current business earns her family 44,000 KHR per day, of which she is able to save 19,000 KHR each day.

This is the first loan for Hun with VisionFund. Now she is leading her group to request a loan. As the leader, she is going to use her portion to buy fertilizers and pesticides for her farmland. She hopes to make more income from her current business.

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
  • 283
    View loans »
    Cambodia Loans Fundraising
  • $37,502,950
    Funds lent in using Kiva
  • 3,998.0
    Cambodia Riels (KHR) = $1 USD
Expired
A portion of Hun's Group's $1,025 loan helped a member to buy fertilizers and pesticides.
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Apr 24, 2014
Listed
May 24, 2014
Currency Exchange Loss:
Possible
Expired:
Jun 23, 2014