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Srey's Group
In this Group: Srey, Mao
A 39-year-old married mother residing in a rural village of the Kampong Cham province’s Prey Chhor district, Srey has three children to take care of and earns a living through farming. To supplement the family’s income, her husband also works as a paid worker. Having been in this business for 19 years, she and her husband can earn about KHR 30,000 per day to make a living and can save about KHR 10,000 each day for future needs.

Srey has been with VisionFund for one cycle. And now she is leading her group to ask for a loan to buy fertilizers and seeds for her farmland. She hopes to make more cassava so as to increase her family’s income to improve their standard of living.

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
  • 187
    View loans »
    Cambodia Loans Fundraising
  • $37,012,675
    Funds lent in using Kiva
  • 4,009.9
    Cambodia Riels (KHR) = $1 USD
Paying Back

This loan has been fully funded!

A portion of Srey's Group's $1,500 loan helped a member to buy fertilizers and seeds for her farmland.
83% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
May 12, 2014
Listed
Jun 15, 2014
Currency Exchange Loss:
Possible