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Soklay
Soklay, age 30, grows and harvests rice and beans to earn a living. She has been engaged in this business for 10 years, earning about 19,300 KHR per day. She has two small children and lives in the Kampong Siem district of Kampong Cham province.

Soklay is a first-time borrower with Kiva partner VisionFund. She is requesting a loan in the amount of 2,000,000 KHR. She will use her loan funds to buy cashew seeds, which she will plant, grow, and harvest as a source of extra income for her family.

Her goal is to improve her family's standard of living through this investment.

Additional Information

More information about this loan

This loan will enable an entrepreneur to start up their own business. VisionFund Cambodia had designed this loan product to target young entrepreneurs with specific technical training or who want to expand into a new line of work. The organization equips all of its clients with financial education and training to help them run successful businesses.

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
  • 190
    View loans »
    Cambodia Loans Fundraising
  • $36,987,750
    Funds lent in using Kiva
  • 4,000.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Soklay to buy cashew seeds, which she will plant, grow, and harvest as a source of extra income for her family.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Apr 28, 2014
Listed
May 27, 2014
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014