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Lyheang
Lyheang is a 38-year-old widower and a father with one child. He lives in a rural area of the Sa Ang district of Kandal province, Cambodia. As a widower, he has struggled to make a living through growing cabbages for ten years and also complementing the income by buying and selling cows. The current business earns him around US$11 per day and allows him to save about US$4 each day after deducting daily expenses.

Lyheang is a first cycle client with Kiva’s partner, VisionFund. He is applying for a loan with VisionFund of US$500. With this loan, he is going to buy more cows to resell. He hopes this loan will enable him to increase his income from his business so as to improve his 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
  • 99
    View loans »
    Cambodia Loans Fundraising
  • $35,491,700
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Lyheang to buy more cows to resell.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 23, 2012
Listed
Oct 2, 2012
Currency Exchange Loss:
N/A
Ended:
Sep 17, 2014