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Khim
A widower residing in Takeo province, Khim is 53 years old and the father of four children. Out of his four children, only two kids are under his care as they are still in school. As a single father who raises the children alone, he does rice cropping in a one-hectare area and works at construction sites for extra income. He has engaged in the current business for 33 years. Khim is a first time borrower with VisionFund (Kiva’s partner). He will spend his loan portion to pay for his son’s tuition fee. His son will enroll in a local university as a freshman majoring in finance and banking. He highly hopes that he can provide financial support for his son’s education on time until graduation so that his son can obtain a good job with a good educational background.

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
  • 306
    View loans »
    Cambodia Loans Fundraising
  • $37,564,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back

This loan has been fully funded!

A loan of $1,875 helped Khim to pay for his son’s tuition fee.
6% repaid
Repayment Term
62 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 21, 2013
Listed
Apr 22, 2013
Currency Exchange Loss:
N/A