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Kolab
Kolab, 52 and married, is a farmer from the Bovel district of Battambang province. She has eight children, but only two of them are dependent on her as they are still in school. To feed her family, she does rice cropping on a five hectare area; it is the only source of income. Her 13 years in the current business returns about 41,000 KHR per day.

Kolab, a first-time borrower with VisionFund (Kiva’s partner), is seeking for a loan of 2,500,000 KHR to buy a mini-tractor to support her farmland.

She hopes this purchase will help her reduce expenses related to the plowing fee, and will enable her to gain more 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
  • 117
    View loans »
    Cambodia Loans Fundraising
  • $35,919,225
    Funds lent in using Kiva
  • 3,984.9
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Kolab to buy a mini-tractor to support her farmland.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Mar 21, 2013
Listed
Apr 22, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 19, 2014