Check out other loans that are currently fundraising!
Sopheap
Sopheap is 44 years old and a married mother of six children. Nowadays, three children are in school. To earn a living, she sells desserts in a local school and works on a rice farm. To earn additional income, her husband plays traditional music instruments and helps her on the rice farm. This is the business that she has had for ages. With Kiva partner VisionFund she is a fifth-time borrower. She is seeking an education loan to pay her son’s tuition fees. He wants to pursue his bachelor's degree specializing in Engineering. She hopes that this financial support will enable her son to pay more attention to his studies and get a good study score and get a good job.

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
  • 181
    View loans »
    Cambodia Loans Fundraising
  • $37,004,050
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $450 helped Sopheap to pay her son’s tuition fees.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 26, 2013
Listed
Oct 2, 2013
Currency Exchange Loss:
N/A
Ended:
Jun 17, 2014