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Sombok
Originally from Kampong Thom province, Sombok is 46 years old and blessed with two children. To strive for a living, she sells beef as her main source of income. This is the second loan for Sombok with VisionFund (Kiva’s partner). The past loan which she repaid completely has enabled her to keep her kids in school. Now, she is applying for an education loan with VisionFund in order to pay tuition fees for her son who wants to pursue a Bachelor's degree majoring in Finance and Banking. She hopes that her son 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
  • 200
    View loans »
    Cambodia Loans Fundraising
  • $35,768,625
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $300 helped Sombok to pay tuition fees for her son.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 25, 2013
Listed
Nov 1, 2013
Currency Exchange Loss:
N/A
Ended:
Aug 17, 2014