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Savoen
A resident of a rural area in Battambang province’s Thmor Koul district, Savoen, 49, has six children in total. Four of them are staying with the family, and some of them are still in school. Savoen and her husband are farmers, who have been growing various kinds of vegetables, such as garlic, salad greens, and cucumber, for 20 years to make a living. The current business earns her about 30,000 KHR per day to meet the family needs.

Savoen has been with VisionFund for one loan cycle and completely paid back the past loan. The past loan helped her to better support her children’s education. Now she is requesting another loan of 3,000,000 KHR to buy seeds, fertilizer and pesticides for her cultivated land. Through this loan, she hopes to earn more income from the farming business, so as to improve her family’s lifestyle and keep her 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
  • 187
    View loans »
    Cambodia Loans Fundraising
  • $36,987,750
    Funds lent in using Kiva
  • 3,990.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Savoen to buy seeds, fertilizer and pesticides for her cultivated land.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Nov 14, 2012
Listed
Jan 1, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013