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Sophat
A 45-year-old man named Sophat lives in Kandal province’s Kandal Stoeng district in Cambodia. He is married and blessed with four children, one of whom is still under his responsibility. Sophat and his wife earn a living through farming rice. To add more income to the family, Sophat also works as a construction worker. He is a second-time borrower with VisionFund (Kiva’s partner). The first loan that he obtained and successfully paid back has enabled him to improve his standard of living and better meet the family’s needs.

He is now seeking a USD 1,000 loan to run a new business, which is a pig-raising business, by purchasing piglets to raise. Sophat will also utilize his requested loan to dig a well in order to sufficiently supply water to his rice field. After receiving and wisely using the loan, Sophat hopes to grow healthy and fruitful rice crop yields as well as raise fat and healthy pigs.

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
  • 126
    View loans »
    Cambodia Loans Fundraising
  • $36,207,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Sophat to purchase piglets to raise.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 21, 2012
Listed
Feb 1, 2013
Currency Exchange Loss:
N/A
Ended:
Dec 20, 2014