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Chheang's Group
In this Group: Chheang, Sreyhum, Sokhoeurn
Chheang, 55, is a father of five children. He is a citizen from Kampong Cham province, where he does his rice-cropping on a one-hectare area with the support of his wife. This business has returned him almost 27,000 KHR per day.

Never having been with VisionFund (Kiva’s partner), Chheang teamed up with a group of three to get the first loan. He and his joint borrowers are seeking 1,000,000 KHR each. As the leader, he will spend his loan portion to buy rice seed and fertilizer for his crop. He hopes that he will boost his crop on time and make a good 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
  • 110
    View loans »
    Cambodia Loans Fundraising
  • $41,451,425
    Funds lent in using Kiva
  • 4,071.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Chheang's Group's $750 loan helped a member to buy rice seed and fertilizer for his crop.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Sep 6, 2013
Oct 8, 2013
Currency Exchange Loss:
Sep 17, 2014