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Chantha
Chantha lives in a thatched roof house in a rural village in the Kror Kor district of Pursat province. He 42 years old and married. He and his wife have six children, some of whom are still in school while the others work at the family’s business. He and his wife earn a living through farming rice and making palm juice. They have been in this business for almost twenty years. With his current business, he is able to earn approximately 30,000 KHR per day to support his family.

This is the first loan for Chantha with Kiva’s partner, VisionFund. He is applying for a loan of 2,000,000 KHR. He is going to use the loan to renovate his old house. He hopes this loan will enable him to have a decent house for living in so as to improve his lifestyle.

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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Cambodia

  • $2,600
    Average annual income
  • 281
    View loans »
    Cambodia Loans Fundraising
  • $37,502,950
    Funds lent in using Kiva
  • 3,987.1
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Chantha renovate his house.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Mar 11, 2013
Listed
Apr 10, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 19, 2015