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Cheng
Chen P. is a mother of 4 children and lives in Prey Veng province, Cambodia. She is pregnant and is going to give birth to her fifth child, makes her living by growing and cultivating crops in a field with her husband. They can typically make around $11/day in revenue from their outputs.

This couple is asking for $1000 loan to purchase two healthy oxen in order to help them work in the field and to use another part of the money for extra seeds. In the future, she and her husband hope to increase their crops in order to make more additional income.

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
  • 264
    View loans »
    Cambodia Loans Fundraising
  • $37,524,925
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Cheng to purchase two oxen to work in the field.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jun 16, 2007
Listed
Jun 1, 2007
Currency Exchange Loss:
N/A
Ended:
Jan 30, 2008