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Pheak
Pheak is a 24-year-old single man who lives in a rural village of the Kandal Stoeng district, Cambodia. To make a living, he has been farming rice for almost three years and supplements his family’s income by working as a paid worker in garment factory. The current business earns him about 40,00KHR per day.
He is in his first VisionFund cycle. He is applying for a loan of 1,600,000KHR to buy fertilizers, pesticides and rice seeds for his farmland. He hopes that this loan will enable him to earn more crop yield from his business so as to fulfill his dream of having a decent motorbike for commuting to work.

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
  • 180
    View loans »
    Cambodia Loans Fundraising
  • $37,004,050
    Funds lent in using Kiva
  • 4,088.3
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Pheak to buy fertilizers, pesticides and rice seeds for his farmland.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 3, 2013
Listed
Jul 4, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014