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Theary's Group
In this Group: Theary, Mom
Theary is 35 years old and a mother blessed with two young children. She iives in the Kam Rieng district of Battambang province, where she grows rice. She supplements her income by working for others for a wage. Theary has taken out and repaid two prior loans from VisionFund (Kiva’s partner), and used both to slowly improve her family's lifestyle. For this cycle, she has joined a two-person loan group. As the leader, she will spend her entire portion to pay for plowing fees and rice seed. She hopes that she can successfully replant her crop and earn a good return from her work.

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.

About Cambodia

  • $2,600
    Average annual income
  • 237
    View loans »
    Cambodia Loans Fundraising
  • $37,070,300
    Funds lent in using Kiva
  • 4,055.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Theary's Group's $550 loan helped a member to pay for plowing fees and rice seed.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
May 6, 2014
Listed
Jun 9, 2014
Currency Exchange Loss:
Possible
Ended:
May 17, 2015