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Kunthea
Kunthea, a rural villager from Battambang province's Battamabng district, is 43 years old and she has five children. Four of whom are still in school. Kunthea has been selling Khmer Noodles and she has been engaged in this business for 10 years.

This is the fourteenth-cycle loan for Kunthea with Kiva's partner, VisionFund. The past business loans, which she successfully repaid, has helped her to sustain her living condition as well as her business in a gradual manner. This cycle, she is applying for an education loan to cover the entire tuition fee for four years for her daughter, an 18-year-old freshman in a local university specializing in Banking and Finance. She highly hopes that this loan will enable her to send her daughter to university and also helps her daughter to obtain a higher education background and end up with a good job after graduation in order to support the family.

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
  • 320
    View loans »
    Cambodia Loans Fundraising
  • $37,579,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back

This loan has been fully funded!

A loan of $1,250 helped Kunthea to cover the entire tuition fee for four years for her daughter's university education.
17% repaid
Repayment Term
50 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 12, 2013
Listed
Oct 19, 2013
Currency Exchange Loss:
N/A