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Peng
Peng S., 29, is a married mother of two school-aged children and resides with her family in Takeo Province. To make a living, she is engaged in the business of manufacturing silk in a traditional way, earning US $2 per day. Her husband has to travel to the city everyday to sell silk for her and other local silk producers, earning US $3 per day, their combined income being the primary means of support for the family. Both Peng and her husband work hard everyday to ensure a good living for the family, and she is now asking for a loan of US $1000 to purchase more silk from the villagers to expand her husband’s business.

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
  • 123
    View loans »
    Cambodia Loans Fundraising
  • $35,101,350
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Peng to buy silk.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 25, 2009
Listed
Sep 28, 2009
Currency Exchange Loss:
N/A
Ended:
Jun 15, 2010