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Pum's Group
In this Group: Pum, Moun, Sophy
Pum, 40 years old, is a resident of Koh Sotin district in Kampong Cham province. Rice cropping is her primary business and she earns extra income from her occupation as a school teacher. Pum presently earns up to 22,000 KHR per day to deal with her family's daily costs of living.

Pum has fully repaid her previous loan with VisionFund (Kiva’s partner), and her living conditions have improved. For this loan cycle, she is leading a group consisting of three borrowers. Pum will spend her entire loan portion to buy a cow to help her business. She hopes that she can support her business promptly.

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
  • 120
    View loans »
    Cambodia Loans Fundraising
  • $35,859,500
    Funds lent in using Kiva
  • 4,010.0
    Cambodia Riels (KHR) = $1 USD
Paying Back

This loan has been fully funded!

A portion of Pum's Group's $1,375 loan helped a member to buy a cow to help her business.
50% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
May 7, 2014
Listed
Jun 10, 2014
Currency Exchange Loss:
Possible