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Kit
Kit S., age 28, is married and has three school-age children. She lives with her husband in Siem Reap province. She owns a business producing Cambodian traditional cakes, typically earning $1 per day. Her husband’s business is the primary source of income for her family. He is a construction worker, typically earning $4 per day.

The financial crisis has been difficult for businesses in Cambodia this past year. This factor has played into a difficult economic year for many, S. included. The country's economic struggles always seem to affect the poor the most. In light of the country's economic difficulties, S. is seeking to increase her income and improve her husband’s business. She is asking for a loan of $300 to purchase a motorbike, a purchase with which she sees an opportunity to raise her standard of living. By doing so, her husband will be able to commute to work easier and faster to his long distance construction site.

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
  • 119
    View loans »
    Cambodia Loans Fundraising
  • $35,859,500
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $300 helped Kit to purchase a motorbike for commuting to work.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 10, 2009
Listed
Aug 7, 2009
Currency Exchange Loss:
N/A
Ended:
Jul 17, 2010