A loan of $1,200 helped to pay for her son's university fees.

Sophany's story

Residing in the Samrong District of Takeo Province, Sophany is 42 years old and married. She has five sons, four of whom still depend on her and who are still in school. The other one is a first-year university student. Sophany has struggled to make a living through silk weaving for her five children’s sake especially for their education while her husband supplements their income via two hectares of rice cultivation. Sophany has been engaged in her business for 21 years and is able to earn up to US$14 per day. However, she is able to save only US$3 per day after deducting all related expenses.

Sophany has never been with Kiva's partner, VisionFund, before. Now, she is applying as a first-time borrower with VisionFund for a US$1,200 loan to pay for her son's university fees for the remaining three years. She hopes that the loan will enable her to keep her son in university to pursue his degree so he can find a good job after graduation. This will also help to relieve her financial burden and worry about the future in terms of supporting her children’s education. Hence, she can use the earned income from the current business to sustain and grow her business and also can pay more attention to generating more income for her family especially to support her other children.

Loan details

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Loan details