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Kneang
Mrs. Kneang N. is 39 years old and the mother of one school-going child. To service her family’s living expenses, she rents rooms to the people in her area, which earns her around $7 each day. Her husband (pictured here because Kneang N. is not available) is a motor-taxi driver, earning on average $3/day in revenue.


Mrs Kneang N. hopes to used this $1,000 loan to open a shop selling soft drinks and some kind of grocery products to earn more income. In the future, she would like to expand her business and save enough money for her child’s education.

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
  • 102
    View loans »
    Cambodia Loans Fundraising
  • $35,502,525
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Kneang to open a shop selling soft drinks and grocery items.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Sep 19, 2007
Listed
Sep 5, 2007
Currency Exchange Loss:
N/A
Ended:
May 27, 2008