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Samet's Group
In this Group: Samet, Nat
Samet, a villager from Koh Sotin district of Kampong Cham province, Samet is 49 years old and married. He is a father of three kids. He earns a living rice cropping and through his occupation at a garment factory. This business generates him about 28,900 KHR per day. Samet is a first-time borrower with VisionFund (Kiva’s partner). Now, he joins a group of two to get a new loan. As the leader, he will spend his entire loan portion to buy a decent motorbike to support his business and to buy fertilizer for his crop. He hopes to 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
  • 53
    View loans »
    Cambodia Loans Fundraising
  • $38,691,025
    Funds lent in using Kiva
  • 4,045.5
    Cambodia Riels (KHR) = $1 USD
Paying Back

This loan has been fully funded!

A portion of Samet's Group's $1,500 loan helped a member to buy a decent motorbike to support his business and to buy fertilizer for his crop.
83% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Jun 19, 2014
Aug 1, 2014
Currency Exchange Loss: