Check out some available loans that are similar to this one!
Sakarn's Group
In this Group: Sakarn, Saroeut, Pov
Sakarn is 61 and a widow. She has two children, one of whom is still under her support. Sakarn earns money to support her small family by selling fish and raising pigs to sell. It has been around 15 years that she has been in these businesses. Having insufficient working capital to carry on the businesses after she completely repaid her previous loans, Sakarn decided to request her seventh loan from VisionFund. As a leader of the group, she used her loan portion to buy pig feed and fish to sell. With this loan, she hopes to generate more income so that she can still support her daughter until she finishes school.

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
  • 328
    View loans »
    Cambodia Loans Fundraising
  • $37,587,725
    Funds lent in using Kiva
  • 4,037.5
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Sakarn's Group's $1,050 loan helped a member to purchase fish to sell and pig feed.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jun 13, 2014
Listed
Jul 14, 2014
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2015