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Theavy
Theavy is 37 years old and a villager from Takeo province. She strives for a living to support her three children who are in school. She does this through two hectares of rice cropping, Khmer noodle-selling, and a pig-raising business. It is the business that she has had for ages.

This is not the first loan for Theavy with VisionFund (Kiva’s partner). She has fully repaid her past loan wisely to support her living and to send her children to university level. Now, she is seeking a new loan to pay the tuition fee for her son, who is pursuing his bachelor’s degree in Phnom Penh, specializing in information technology.

She hopes that this loan will financially support her son’s education cost on time, so that he can pay attention in his studies and 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.

Tags

About Cambodia

  • $2,600
    Average annual income
  • 268
    View loans »
    Cambodia Loans Fundraising
  • $37,506,450
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $800 helped Theavy to pay the tuition fee for her son.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 7, 2013
Listed
Sep 9, 2013
Currency Exchange Loss:
N/A
Ended:
Sep 17, 2014