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Rong
Rong R. is thirty-two years old and is a construction worker who earns a daily income of $4. He lives with his two young children and his wife, Chheoun Kosal, who is twenty-nine and an accomplished, experienced seamstress and tailor. To improve their standard of living, Rong has decided to take out a loan to buy more fabric for his wife's business, which will generate a higher daily income for the family. He hopes he will be able to open a tailor shop near the market in his own province. He would also like to build a new modern house, and help his children further their education as teachers. (This picture is of Rong's wife.)

Additional Information

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
  • 124
    View loans »
    Cambodia Loans Fundraising
  • $35,070,500
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Rong to buy more fabric for his wife's tailoring business.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 30, 2009
Listed
Jun 1, 2009
Currency Exchange Loss:
N/A
Ended:
Apr 15, 2010