Check out some available loans that are similar to this one!
Mom's Group
In this Group: Mom, Touch
Originally from a village of the Moung Russey district where rice farming is a common way to make a living, Mom is a 33-year-old mother of five dependent children who are all in school. Rice farming is the main source of family’s income, which she and her husband have been in for 17 years.
This is the third micro-loan for Mom’s group with Kiva’s partner and they repaid back the previous loans. Mom has successfully used the loans to better support the family. Now leading her group of two to apply for a loan, Mom, who is the leader, will use her portion to buy fertilizer and the labor to plow her farmland. She hopes this loan will enable her to have a greater source of family’s income so as to increase her income to make a living better.

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
  • 121
    View loans »
    Cambodia Loans Fundraising
  • $35,122,200
    Funds lent in using Kiva
  • 4,057.0
    Cambodia Riels (KHR) = $1 USD
Paying Back

This loan has been fully funded!

A portion of Mom's Group's $1,000 loan helped a member to buy fertilizer and plow for her farmland.
25% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
May 6, 2014
Listed
Jun 8, 2014
Currency Exchange Loss:
Possible