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Savoeun
Savoeun is a 47-year-old villager from Ponhea Krek district of Kampong Cham province. She is married and blessed with four school-aged children. To pay for daily food expenses, she grows rice and cassava. This is the main source of income.

Savoeun is new to VisionFund (Kiva’s partner). She is applying for an education loan to pay for her son's school fee. He wants to pursue a degree specializing in Nursing. She hopes that she can provide financial support for her son so he can obtain a good job after graduating.

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
  • 123
    View loans »
    Cambodia Loans Fundraising
  • $36,200,725
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back

This loan has been fully funded!

A loan of $2,675 helped Savoeun to pay for her son's school fee.
11% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Nov 25, 2013
Listed
Dec 24, 2013
Currency Exchange Loss:
N/A