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Sochea's Group
In this Group: Sochea, Saly
Sochea is single and lives in a rural village of the Ek Phnom district, where crop farming is a common way to earn a living. She is a rice farmer in the village and she supplements her income by growing maize and cabbage. She has been in this business for ten years, and earns about 29,400 KHR per day from her current business, and she is able to save about 17,000 KHR each day. The main challenge for her business is flooding, which has affected her rice paddy.

This is the sixth loan for Sochea's group with VisionFund; both members completely repaid their previous loans, which Sochea used successfully to relieve her family's financial burden. To better support her current business, she is leading her group of two to apply for another loan with VisionFund. She will use her portion to buy fertilizers for her farmland as well as paying fees for labor and water pumping. She hopes this loan will enable her to make a better living and increase her family's income.

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
  • 65
    View loans »
    Cambodia Loans Fundraising
  • $41,756,250
    Funds lent in using Kiva
  • 4,067.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Sochea's Group's $650 loan helped a member to buy fertilizers for her farmland.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jul 19, 2012
Aug 27, 2012
Currency Exchange Loss:
Aug 17, 2013