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Visak
Visak is a 31-year-old father of two schoolchildren from Sa Ang district of Kandal province. He fulfills the needs of his family by working as an electrician while his wife works as a cleaner in a private school. He has engaged in this business for ten years and is able to earn about six US dollars per day.

This is his third time working with VisionFund, Kiva's partner. He has fully paid back his past loan and it has helped him to cover his children's education. For this portion, he is seeking 600 US dollars in order to buy necessary materials for his business such as diagonal cutters, knee-pads, a continuity tester, and electronic wiring tools. He hopes to purchase these items on time so as he can acquire more clients and earn more 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
  • 132
    View loans »
    Cambodia Loans Fundraising
  • $35,072,250
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $600 helped Visak to buy necessary materials for his electrician business.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 5, 2012
Listed
Dec 1, 2012
Currency Exchange Loss:
N/A
Ended:
Nov 17, 2014