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Mao
Mao L., 29, resides in Battambong Province, Cambodia with his wife and three children. To make a living, he operates his motorbike as a taxi everywhere in the town, earning an income of US $3 per day, while his wife sells sugar cane juice, bringing total family income to US $5 per day, which covers the basic household expenses. Mao and his family are seeking to improve their standard of living, and so he is requesting a loan of US $1000 to replace his old motorbike, which is in need of frequent repairs, with a new one to improve his current 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
  • 128
    View loans »
    Cambodia Loans Fundraising
  • $36,207,750
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Mao to buy a new motorbike.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 22, 2009
Listed
Nov 16, 2009
Currency Exchange Loss:
N/A
Ended:
Apr 17, 2011