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Sophal
Sophal is a 40-year-old widowed mother living under a thatched roof house with four children.

She has overcome the family’s financial hardships as a single mother through rice cultivation on one hectare of farmland. She is able to earn up to 20,800 KHR per day from the business, which she has been in for 22 years.

The main challenge for Sophal is the flood which has lowered her crop production. To overcome this challenge, she is applying for a new loan. She is going to spend her entire loan amount on purchasing potash for her rice. She hopes that this purchase will allow her to recover her losses and boost her crop output so that she can gain triple the income.

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
  • 118
    View loans »
    Cambodia Loans Fundraising
  • $36,207,750
    Funds lent in using Kiva
  • 4,000.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Sophal to buy potash for her rice.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Nov 23, 2012
Listed
Feb 1, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013