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Sol
Sol, 49, is married and lives with her husband and three children in the village of the Storng district of Kampong Thom province. She and her husband have been making Khmer Noodles for selling. She has been in rice farming business for 15 years, earning about $12 per day to feed her family.

Sol is just with VisionFund this cycle. She is now asking for an education loan to pay for her daughter’s tuition fee to study Accounting. She hopes that this loan will provide financial support for her daughter, so she can focus on her studying and obtain a good job after the 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
  • 257
    View loans »
    Cambodia Loans Fundraising
  • $37,497,250
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,300 helped Sol to pay for her daughter’s tuition fees.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 22, 2013
Listed
Nov 27, 2013
Currency Exchange Loss:
N/A
Ended:
Jul 17, 2015