Check out some available loans that are similar to this one!
Porley
Porley, a rural villager from Sa Ang province's Kandal district, is 31 years old. He has earned a living through planting cassava for almost ten years. Porley is able to save up to six US dollars per day from his current business after deducting the expenses.

This is the first-cycle loan for Porley with Kiva's partner, VisionFund. He is applying for an education loan to cover the entire tuition fee in a local university specializing in Finance and Banking. He sincerely hopes that this loan will enable him to obtain a higher education background and end up with a good job after graduation in order to support the family.

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.

Tags

About Cambodia

  • $2,600
    Average annual income
  • 113
    View loans »
    Cambodia Loans Fundraising
  • $35,436,425
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Porley to cover the entire tuition fee in a local university.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 7, 2013
Listed
Jul 5, 2013
Currency Exchange Loss:
N/A
Ended:
May 17, 2014