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Vannarin
A villager from the Kampong Cham province’s Ponhea Krek district, Vannarin is 34 years old and married with two children, both of whom are still in school. To make a living, he has been planting rubber and cassava for almost ten years as his primary business. The current business earns him about 70,000KHR per day and he manages to save about 30,000KHR each day after daily expenses.

This is the first loan for Vannarin with Kiva’s partner, VisionFund. He is now applying for a loan of 3,000,000KHR to buy a plot of farmland. He hopes this loan enables him to increase his crop yields and sell it for a good price to improve his standards of living and to keep his children in school.

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
  • 56
    View loans »
    Cambodia Loans Fundraising
  • $35,066,900
    Funds lent in using Kiva
  • 4,000.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Vannarin to buy a plot of farmland.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Nov 13, 2012
Listed
Jan 1, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013