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A local resident from the Kandal Stoeung district of the Kandal province, Mon is a 40-year-old mother of four children who are still in school. To strive for a living, she does rice farming and is a paid worker at the garment factory as her main sources of income. She has been in the business for 10 years.

Having never borrowed from VisionFund (Kiva’s partner) before, Mon is applying for an education loan to cover her son's tuition fee. He wants to hold a bachelor degree with a major in electronics. She hopes that her son can learn a technical skill and get a good job after graduation.

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
  • 53
    View loans »
    Cambodia Loans Fundraising
  • $41,847,450
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back

This loan has been fully funded!

A loan of $1,800 helped Mon to cover her son's tuition fee.
36% repaid
Repayment Term
50 months (Additional Information)
Repayment Schedule
Sep 17, 2013
Oct 24, 2013
Currency Exchange Loss: