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Sory
Sory is a mother in her early-mid 40s residing in the Kampong Cham province. She is a local farmer who grows rice and cucumbers as her primary source of income with support from her husband. She has been involved in this business for more than 20 years. Nowadays, she has three kids and all of them still need her support; one of her children is studying in local university. Since the education cost of tertiary level is quite high, she decided to take out an education loan from VisionFund (Kiva’s partner) instead. She will spend the entire loan portion to cover her daughter’s school fees as well as to buy a decent computer to support her study. She hopes that her daughter will have a bright future and 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
  • 134
    View loans »
    Cambodia Loans Fundraising
  • $35,092,400
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back

This loan has been fully funded!

A loan of $1,825 helped Sory to cover her daughter’s school fees.
13% repaid
Repayment Term
62 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 16, 2013
Listed
Nov 17, 2013
Currency Exchange Loss:
N/A