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A rural villager from Borseth district of Kampong Speu province, Cambodia, Ly is a married lady who strives for a living via rice farming as the main source of income for her family. Now, her current income is around 6 USD per day. This is the fourth-cycle loan for Ly with VisionFund (Kiva’s partner). She has repaid back her past loan properly and it has had a positive impact on her family. Now, she wants to focus on her daughter’s education. Therefore, she is seeking a loan to cover the tuition fee for her daughter who wants to pursue a Bachelors degree in Accounting. She strongly hopes that her daughter can get a good job after she graduates.

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
  • 266
    View loans »
    Cambodia Loans Fundraising
  • $37,506,450
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back

This loan has been fully funded!

A loan of $1,625 helped Ly to cover the tuition fee for her daughter.
17% repaid
Repayment Term
50 months (Additional Information)
Repayment Schedule
Mar 14, 2014
Apr 13, 2014
Currency Exchange Loss: