Check out some available loans that are similar to this one!
Pheang
Residing in a rural village of the Dambae district, in Kampong Cham province, Cambodia, Pheang is a 63-year-old widow. She is a mother of three children. This single mother offers a decent life for the family by planting cassava and growing rice. Having been in her current business for more than 30 years, Pheang earns approximately 35,000KHR per day and saves around 23,000KHR, after paying the daily living expenses.

This is Pheang’s second time requesting a loan via VisionFund (Kiva’s partner). The past loan enabled her to cover daily expenses and improve her family’s living standard. Pheang is now requesting a KHR 2,000,000 loan, to strengthen her current business by buying rice seed, cassava seed, fertilizer and pesticide, and paying the rent on the farmland she works. This industrious mother (Pheang) wants to earn as much income as possible from the business that she has been doing, generating more income for the family.

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
  • 198
    View loans »
    Cambodia Loans Fundraising
  • $36,972,025
    Funds lent in using Kiva
  • 4,000.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Pheang to buy rice seed, cassava seed, fertilizer and pesticide, and to pay the rent on the farmland she works.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Dec 18, 2012
Listed
Feb 1, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013