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Lorn
A villager from Prey Chhor district of Kampong Cham province, Lorn is married and blessed with two children. She earns a living via two hectares of rice farming as the main source of her income with the support of her husband. It is the business that she has had for more than 30 years.

This is not the first loan for Lorn with VisionFund (Kiva’s partner). The past loan which she repaid with success has enabled her to support her business and to cover the needs in her family, especially her children's education. Now, she is applying for a loan to support her daughter’s tuition fee and to buy a decent computer as a study aid for her daughter. She hopes that her daughter can 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.

About Cambodia

  • $2,600
    Average annual income
  • 118
    View loans »
    Cambodia Loans Fundraising
  • $35,128,175
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back

This loan has been fully funded!

A loan of $2,800 helped Lorn to support her daughter’s tuition fee.
8% repaid
Repayment Term
86 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 12, 2013
Listed
Oct 20, 2013
Currency Exchange Loss:
N/A