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Chanty
Chanty, aged 47 years old, is married and has four kids, three of whom are dependents and still in school. She lives with her husband in a rural village of the Prey Chhor district of Kampong Cham province, Cambodia. She and her husband earn a living by farming rice. Together, they can earn about 29,000 KHR per day from their current business and manage to save about 18,000 KHR each day after offsetting expenses.

Chanty has just joined VisionFund for this cycle. She is applying for an education loan to cover the entire tuition fee for four years for her daughter in a local university specializing in midwifery. She highly hopes that this loan will enable her to send her daughter to university, and she will also help her son to obtain a higher education 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
  • 87
    View loans »
    Cambodia Loans Fundraising
  • $35,066,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back

This loan has been fully funded!

A loan of $2,500 helped Chanty to cover the entire tuition fee for four years for her daughter.
8% repaid
Repayment Term
65 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 10, 2013
Listed
Nov 11, 2013
Currency Exchange Loss:
N/A