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Hong Group
In this Group: hong, Rem, Rann, Sopheap, Sakhan
Hong is 43 years old. She is a married woman of six children at Pursat Province, Cambodia. She and her husband are farmers. Hong is the leader of this borrower group. She will use her portion of the group’s loan to buy the ground parts of a latrine. This loan will help her family live in better conditions. In the future, Hong hopes that she can buy farmland and her children can finish their studies and get jobs.

Additional Information

More information about this loan

This loan is designed to help Cambodian households build standard latrines for improved sanitation. In Cambodia, the lack of proper and basic sanitation facilities contributes to health issues, including dehydration and malnutrition caused by diarrhea. These illnesses also create an additional economic burden for low-income and vulnerable families.

Kredit engaged in several strategic alliances with water and sanitation organizations to design and provide a customized and affordable loan product to borrowers. By funding this loan, you are playing an important role in improving access to clean water and sanitation.

Sanitation loans will be included in larger Kiva business loans intended to fund both borrower's business and sanitation needs.


About KREDIT

KREDIT Ltd. is one of Kiva’s most established partners in Southeast Asia. The organization empowers the economically-active poor and small entrepreneurs by providing inclusive financial services. Beyond loans, KREDIT offers low-income clients complementary training in debt management, savings and budgeting. In addition, KREDIT partners with NGOs to offer training in primary health care, agricultural techniques and HIV/AIDS awareness.

For more information on KREDIT, please visit its partner page. If you would like to engage more with KREDIT and its borrowers, you can also join its lending team, KREDIT MFI Cambodia.

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
  • 123
    View loans »
    Cambodia Loans Fundraising
  • $35,070,500
    Funds lent in using Kiva
  • 4,040.9
    Cambodia Riels (KHR) = $1 USD
Paying Back

This loan has been fully funded!

A portion of Hong Group's $2,475 loan helped a member to buy the ground parts of a latrine.
0% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 21, 2014
Listed
Jun 4, 2014
Currency Exchange Loss:
Possible