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Phorn
As one of the breadwinners in the family, Phorn is originally from Kandal Stoeung district of Kandal province. He is 36 years old and has two children.

To secure his daily food, he works at a construction site and grows rice while his wife works at the factory nearby their house. He has been involved in this business for 10 years. This is the fifth-cycle loan for Phorn with VisionFund (Kiva's partner). After the successful loans which he repaid with success, he feels confident that he can improve his family's living condition and support his children's education.

Now, he is applying for a new loan to purchase an additional plot of farmland to expand his rice paddy growing business. He hopes this purchase will help him to grow more rice on a bigger scale and return him double profits. With that, he can support his children's education up to a higher level.

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
  • 120
    View loans »
    Cambodia Loans Fundraising
  • $35,919,225
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Phorn to purchase an additional plot of farmland.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 26, 2012
Listed
Jan 1, 2013
Currency Exchange Loss:
N/A
Ended:
Mar 15, 2013