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Yavy
Yavy is a 43-year-old villager from the Kandal Steung district of the Kandal province. She is a widowed mother of four children, and two of them are currently in school. To overcome her financial burden, she farms rice, and also supplements the family's income by working as a garment worker. She has engaged in this business for more than nine years, and she can earn 35,600 KHR per day.

Yavy has never been with VisionFund (Kiva’s partner) before. As a new borrower this cycle, she is seeking loan for 4,000,000 KHR. She will use this loan to buy one decent motorbike and to renovate her house. She hopes this loan will enable her to live in a decent and comfortable house.

Additional Information

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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

Tags

About Cambodia

  • $2,600
    Average annual income
  • 263
    View loans »
    Cambodia Loans Fundraising
  • $37,494,750
    Funds lent in using Kiva
  • 4,000.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Yavy to buy one decent motorbike and to renovate her house.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 25, 2014
Listed
May 27, 2014
Currency Exchange Loss:
Possible
Ended:
Mar 19, 2015