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Nhong
Residing in the Baray district of Kampong Thom province, Nhong is 60 years old and married. She has six children. She has struggled to make a living though farming rice and selling grocery items. She has engaged in this business for several.
Nhong has been with Kiva's partner, VisionFund, for two cycles. She completely paid back the past loans which have helped her improve her standard of living. Now, she is applying for a loan to pay for the school fee of her daughter. She hopes that the loan will enable her to keep her daughter in university to pursue the degree so as to find a good job after graduation and also help her to relieve her financial burden.

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
  • 113
    View loans »
    Cambodia Loans Fundraising
  • $35,436,925
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back

This loan has been fully funded!

A loan of $1,625 helped Nhong to pay for the school fee of her daughter.
0% repaid
Repayment Term
62 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Aug 21, 2013
Listed
Sep 26, 2013
Currency Exchange Loss:
N/A