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Chanrun
Chanrun is a 21-year-old farmer who lives in a rural area of the Srey Snom district of Siem Reap province, Cambodia. She is married with one dependent daughter who is still under school age. She has been farming rice on a 2-hectare area of farmland for four years while her husband has been working as a teacher in the local area to earn additional income. The current business earns her family approximately 18,000 Cambodian riels (KHR) per day and allows them to save about 10,000 KHR each day after daily expenses.

This is the first microloan for Chanrun with Kiva’s partner VisionFund. She is asking for a loan of US $500 from VisionFund. Chanrun is going to use her loan to renovate her old house. She hopes this loan will enable her family to have a proper house for living in.

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
  • 199
    View loans »
    Cambodia Loans Fundraising
  • $36,972,025
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Chanrun to renovate her old house.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 7, 2012
Listed
Oct 12, 2012
Currency Exchange Loss:
N/A
Ended:
Aug 17, 2013