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Van
Van is 54 years old and a married mother of six children. She is a rice grower in the local area as the primary source of income. She has engaged in this work for 31 years. With VisionFund (Kiva’s partner), she has managed to use her past loan wisely to uplift her living status and to support her business in a gradual manner. Moreover, she is able to send her children to study in Phnom Penh, Capital city of Cambodia, for a bright future. Now, she is seeking a new loan to pay for her son’s tuition fee. She hopes that this financial support will help her son so that he can pay more attention to his studies and get a good job after graduation.

Additional Information

More information about this loan

This loan is part of VisionFund Cambodia’s higher education program, designed to provide financing to students in poor households who otherwise lack the financial support to continue their studies. Very few students have the financial resources necessary to go to college. VisionFund Cambodia has designed a lower-interest rate loan product for students, given the financial benefits associated with financing this loan upfront on Kiva. It is disbursed to the borrower in annual installments.

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
  • 233
    View loans »
    Cambodia Loans Fundraising
  • $37,057,450
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Van to pay for her son’s tuition fee.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 20, 2013
Listed
Apr 15, 2013
Currency Exchange Loss:
N/A
Ended:
Apr 16, 2014