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Savin
Residing in Kampong Cham province’s Prey Chhor district, Savin is 36 years old and married. She has two children, one of whom is a university student. Savin is a farmer and works in a garment factory while her husband is a motorcycle driver to supplement their income and support the family. Savin has been engaged in this business for several years.

Savin has been with Kiva’s partner, VisionFund, for two loan cycles. Now she is applying for a new loan from VisionFund to pay for her daughter's university fees for the remaining four years. She hopes that this loan will enable her daughter at university to pursue her degree so she can get a good job after graduation.

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.

About Cambodia

  • $2,600
    Average annual income
  • 111
    View loans »
    Cambodia Loans Fundraising
  • $36,216,225
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Savin to pay for her daughter's university fees.
100% repaid
Repayment Term
44 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jul 19, 2013
Listed
Aug 23, 2013
Currency Exchange Loss:
N/A
Ended:
Jan 17, 2015