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Oeurn's Group
In this Group: Oeurn, Hov
Oeurn, a villager from Bovel district of Battambang province, is 45 years old and a widowed mother of seven children. Currently, she still has four dependent children to support. As a single mother, she struggles to secure decent food for her kids via rice and soybean farming. In her spare time, she also works for others for a fee to gain extra income. She has had her current businesses for 16 years, earning about 33,400 KHR as her current income.

Oeurn is quite new to VisionFund (Kiva’s partner). Now, she leads a group of two to request a loan. She will spend her entire loan portion to pay for plowing fee and to buy seed for her agricultural business. She truly believes that she can gain a better yield than before with a good income earned.

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
  • 232
    View loans »
    Cambodia Loans Fundraising
  • $37,058,050
    Funds lent in using Kiva
  • 4,010.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Oeurn's Group's $375 loan helped a member to pay for plowing fee and to buy seed.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
May 8, 2014
Listed
Jun 11, 2014
Currency Exchange Loss:
Possible
Ended:
Feb 20, 2015