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Simiy
A widower, the father of one schoolchild, SimIy is 29 years old and a villager in the Kror Kor district of Pursat Province. He manages one and a half hectares of farmland and plants rice as his main source of income, as he has done for nine years, and he is able to earn up to 11,500 KHR per day. Simly is new to VisionFund (Kiva’s partner) and is applying for 2,000,000 KHR in order to build a decent wooden house covered with tiles. He keenly hopes that he can own a proper house for his child.

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
  • 198
    View loans »
    Cambodia Loans Fundraising
  • $35,768,625
    Funds lent in using Kiva
  • 3,986.9
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Simiy to build a decent wooden house covered with tiles.
100% repaid
Repayment Term
25 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Apr 8, 2013
Listed
May 11, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2015