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Min's Group
In this Group: Min, Saren, Yoer, Chan, Soern, Chroen, Ann, Nay, Srey, Mer
A citizen from a rural village located in the Kampong Cham province’s Cheung Prey district, Min is age 40 years and married with four children.

For the last 20 years, she has been farming rice to support her family. With the current business, she can earn about KHR 48,000 per day and can save about KHR 20,000 each day for future needs.

Min has been with VisionFund for one cycle, and completely paid back the past loan.

As the leader, she is going to use her portion to buy fertilizer and seeds for her farmland.

She hopes to make more income from her current business.

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
  • 4,050.2
    Cambodia Riels (KHR) = $1 USD
Paying Back

This loan has been fully funded!

A portion of Min's Group's $3,725 loan helped a member to buy fertilizer and seeds for her farmland.
33% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
May 9, 2014
Listed
Jun 12, 2014
Currency Exchange Loss:
Possible