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Chhat's Group
In this Group: Chhat, Thet, Sokheang, Narin
Residing in Kampong Cham province, Chhat is 47 years old and married. She is a mother of who two kids, who strives for a living via rice cropping on 1.5 hectare of farmland and her paid-work job. The current business earns her about 35,000 KHR (Cambodian riels) per day after engaging in the current business for several years.

This is the first microloan for Chhat with VisionFund (Kiva’s partner). She teams up a group of four to get a new loan. As the leader, she will spend her entire loan portion to buy fertilizer and insecticide, and to pay for a plowing fee. 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.

About Cambodia

  • $2,600
    Average annual income
  • 121
    View loans »
    Cambodia Loans Fundraising
  • $36,200,725
    Funds lent in using Kiva
  • 4,055.0
    Cambodia Riels (KHR) = $1 USD
Paying Back

This loan has been fully funded!

A portion of Chhat's Group's $400 loan helped a member to buy fertilizer and insecticide, and to pay the plowing fee.
50% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 16, 2014
Listed
Jul 24, 2014
Currency Exchange Loss:
Possible