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Somala
Somala is 20 years old. She is a student and lives in Prey Veng Province, Cambodia. Due to lack of financial support, she would like to apply for a loan of $2,625 for her tuition fee in Medicine for two and a half years. This loan will help her graduate. In the future, she wants to be a good doctor.

Additional Information

More information about this loan

This loan is part of KREDIT’s higher education program, targeted to poor, low-income, and middle-income students who would otherwise not have the means to attain a higher education. With Kiva funding, KREDIT has designed a new product to cater to the needs of students.  KREDIT believes that all students, regardless of income, should have educational opportunities and sees developing human capital as vital to Cambodia’s future.  

Please be advised that this loan may carry a grace period while the student is in school that could lengthen the repayment term. Please refer to this loan’s repayment schedule before lending.

About KREDIT

KREDIT Ltd. is one of Kiva’s most established partners in Southeast Asia. The organization empowers the economically-active poor and small entrepreneurs by providing inclusive financial services. Beyond loans, KREDIT offers low-income clients complementary training in debt management, savings and budgeting. In addition, KREDIT partners with NGOs to offer training in primary health care, agricultural techniques and HIV/AIDS awareness.

For more information on KREDIT, please visit its partner page. If you would like to engage more with KREDIT and its borrowers, you can also join its lending team, KREDIT MFI Cambodia.

About Cambodia

  • $2,600
    Average annual income
  • 96
    View loans »
    Cambodia Loans Fundraising
  • $36,158,550
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back

This loan has been fully funded!

A loan of $2,625 helped Somala to pay for her tuition fee.
0% repaid
Repayment Term
63 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jun 23, 2014
Listed
Jul 13, 2014
Currency Exchange Loss:
N/A