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Somean
Somean, 40, is a citizen from the Kandal Stoeng district of Kandal province. To strive for a living, she tailors clothes as the main source of income. She has been involved in the current business for five years. This is not the first loan for Somean with VisionFund (Kiva’s partner). She has completely repaid her past loan wisely to upgrade her living conditions, making them better than before. For this cycle, she is seeking 2,400,000 KHR in order to buy a plot of farmland. She hopes this purchase will help her to own a farm for growing rice to earn extra income. She hopes that she can gain a high yield from the business.

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
  • 118
    View loans »
    Cambodia Loans Fundraising
  • $35,128,175
    Funds lent in using Kiva
  • 4,013.5
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Somean to buy a plot of farmland.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 11, 2013
Listed
May 16, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014