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Sokha
Living in a rural area located in Pursat province’s Kror kor district, Sokha is a 26-year-old mother of one son, who is still small. She is a rice farmer in the local area and supplements her family’s income by raising pigs in the backyard and selling grocery items to the local villagers. Her husband is a paid worker. Having been in business for four years, Sokha can earn a daily income from her current business of 23,000 KHR and is able to save about 13,000 KHR per day after expenses.

This is the first loan for Sokha with Kiva’s partner, VisionFund. Sokha is requesting a loan of 2,000,000 KHR, which she wants to use to buy necessary materials to finish building her house. With this loan, she hopes to have a decent house to live in and also to have improved living conditions.

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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Cambodia

  • $2,600
    Average annual income
  • 302
    View loans »
    Cambodia Loans Fundraising
  • $37,552,375
    Funds lent in using Kiva
  • 4,062.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Sokha to buy necessary materials to finish building her house.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Aug 6, 2012
Listed
Sep 3, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014