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Bun
A father of two schoolchildren residing in Ksach Kandal district of Kandal province, Bun is 43 years old and the only breadwinner in the family who strives for a living via rice crops. He has been involved in his current business for ages. Bun is not a first-time borrower with VisionFund (Kiva’s partner). He has repaid his past loan with success to relieve his family’s burden and support his business better than before.

Now, Bun is seeking a new loan to pay his son’s tuition fee. His son wants to hold a bachelor's degree specializing in engineering. Bun hopes that this financial support will help his son to pay more attention to his studies and get good grades to obtain 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
  • 117
    View loans »
    Cambodia Loans Fundraising
  • $35,445,525
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back

This loan has been fully funded!

A loan of $1,850 helped Bun to pay his son’s tuition fee.
0% repaid
Repayment Term
85 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Sep 6, 2013
Listed
Oct 8, 2013
Currency Exchange Loss:
N/A