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Sim
Sim is 47 years old, married and a mother of six children living in a rural village of the Stoung district of Kampong Thom province, Cambodia. Rice farming is the main source of the family’s income and her husband supplements the income by working as a teacher and sometime also working for others.

Sim has been with VisionFund for five cycles. Now, she is asking for an education loan to pay for her daughter’s university. She has high hopes that this loan will enable her to send her daughter to university and thus also allow her daughter to obtain a higher education and good job 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
  • 88
    View loans »
    Cambodia Loans Fundraising
  • $35,066,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $600 helped Sim to pay for her daughter's university.
100% repaid
Repayment Term
50 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 8, 2013
Listed
Dec 9, 2013
Currency Exchange Loss:
N/A
Ended:
Jul 17, 2014