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Yi
One of the breadwinners in a family consisting of seven children, Yi is 54 years old and a resident of the province of Takeo. To tackle the primary basic needs of the family, she does rice farming with support from her husband. She has been occupied with this business for ages, and it has returned to her almost $2.50 US per day.

Yi has been with VisionFund (Kiva’s partner) for ages. The positive impact of her past loans has enabled her to uplift her living conditions. Conditions are now better than before, and she has fully repaid the entire past loan already. Now she wants to pay attention to her son’s education, as her son wants to pursue a bachelor degree majoring in finance and banking. Therefore, she needs a new loan to pay for school fees for her son. She hopes that her son will get a good score in his study performance and get a good job after he graduates.

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
  • 330
    View loans »
    Cambodia Loans Fundraising
  • $37,587,725
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Yi to pay for school fees for her son.
100% repaid
Repayment Term
61 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 13, 2013
Listed
Oct 20, 2013
Currency Exchange Loss:
N/A
Ended:
Apr 17, 2015