Check out some available loans that are similar to this one!
Chhouk's Group
In this Group: Chhouk, Put, Sokhom
Chhouk, 35, is a rural villager from Banteay Meanchey province. She supports her entire household, which consists of three children- one of whom remains in school, via rice cropping and her paid working job with the support from her husband. This business earns her about 37,000 KHR per day. These incomes, resulting from the positive impact of her past loan, enable her to better support her living and she can keep her kids in school. Now, she leads a group of three to get a new loan. The total amount of her entire group loan is 3,000,000 KHR, of which 1,000,000 KHR is her loan portion. As the leader, she will spend her entire loan portion to buy fertilizer, rice seed, and insecticide for her crop. She strongly believes that she can gain a better yield than before.

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
  • 98
    View loans »
    Cambodia Loans Fundraising
  • $35,491,700
    Funds lent in using Kiva
  • 4,010.0
    Cambodia Riels (KHR) = $1 USD
Paying Back

This loan has been fully funded!

A portion of Chhouk's Group's $750 loan helped a member to buy fertilizer, rice seed, and insecticide for her crop.
13% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
May 9, 2014
Listed
Jun 11, 2014
Currency Exchange Loss:
Possible