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Lon
A 37-year-old married man, Lon resides in a rural area of Moung Russey district located in Battambang province, Cambodia. He is blessed with one son who is employed as a paid worker.

In the family, Lon is a breadwinner who earns income through planting corn and sesame on three hectares of farmland. He has been involving in this business for ten years, earning approximately 26,000 KHR per day.

He received his first loan with VisionFund (Kiva's partner) one loan-cycle ago and completely paid back the loan. The past loan helped Lon to improve the living standard of his family. Now he is requesting a loan in the amount of 2,000,000 KHR to buy a mini-tractor to assist him in his planting business. Via this loan, he hopes to increase his plots of farmland in order to increase his yields as well as his profit.

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
  • 187
    View loans »
    Cambodia Loans Fundraising
  • $36,987,750
    Funds lent in using Kiva
  • 4,057.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Lon to buy a mini-tractor for his farmland.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Aug 17, 2012
Listed
Sep 21, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 19, 2013