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Mouykea's Group
In this Group: Mouykea, Sopha
A rural villager from the Dambae district, Mouykea is 54 years old and married. She has two dependent children, one of whom is in school while the other is too young for school. To support the family, she has been growing cassava and selling grocery items. She has been in this business for 13 years.

This is the microloan for Mouykea with VisionFund. Now she is leading her group to ask for a loan to buy fertilizers for her cassava and she will use a portion of it to spend on labor fees. She hopes this loan will enable her to increase her family’s income to make a better living.

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
  • 154
    View loans »
    Cambodia Loans Fundraising
  • $35,792,525
    Funds lent in using Kiva
  • 4,057.0
    Cambodia Riels (KHR) = $1 USD
Expired
A portion of Mouykea's Group's $1,000 loan helped a member to buy fertilizers for her cassava.
Repayment Term
13 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 6, 2014
Listed
Jun 8, 2014
Currency Exchange Loss:
Possible
Expired:
Jul 8, 2014