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Heng
A 52-year-old widowed mother of three children, Heng is a peasant from the Kror Kor district of Pursat province, where her residential area is. Currently, only one child still needs her support as the child is still in school. As a single mother and the breadwinner in the family, Heng sells sweets in the market of the village. She is able to earn about 30,000 KHR from the current business, which she has had for ten years.

This is the third microloan that Heng has obtained from VisionFund (Kiva’s partner). The past loans that she has repaid with success have enabled her to support her business on time and earn a decent income to provide sufficient meals three times a day for her children. Now she is requesting a loan for 4,000,000 KHR. She will use the loan to buy a decent motorbike and to buy more ingredients for making sweets. She hope this loan will support her demand in running her business on time so as she can make 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
  • 116
    View loans »
    Cambodia Loans Fundraising
  • $36,211,875
    Funds lent in using Kiva
  • 3,984.8
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Heng to buy a decent motorbike and to buy more ingredients for making sweets.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 25, 2013
Listed
May 26, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014