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Korn
A rural villager from the Ek Phnom district of Battambang province, Korn is 62 and widowed. She has four children. To earn a living, she has been in rice farming and bean planting for almost 40 years and she supplements her income by fishing to support the family. The main challenge for her is low crop yields destroyed by flood. She is able to earn about 66,400 KHR per day to meet family’s need and can manage to save about 22,900 KHR each day.

This is Korn’s first cycle with Kiva’s partner VisionFund. She is applying for a loan of 4,000,000 KHR with VisionFund. She is going to use this loan to buy fertilizers, rice seeds, a water pump for her farmland and also use a portion of it to buy a boat. She hopes this loan will enable her to increase her family's income so as to improve her standard of living.

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.

About Cambodia

  • $2,600
    Average annual income
  • 186
    View loans »
    Cambodia Loans Fundraising
  • $35,963,325
    Funds lent in using Kiva
  • 4,083.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Korn to buy fertilizers, rice seeds and a water pump for her farmland.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jun 22, 2012
Listed
Jul 22, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013