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Meoun
Meoun M., age 59, is married and resides with his four children in Takeo Province, Cambodia. Meoun and his wife are engaged in a business buying mangoes for sale, earning an income of $3 each per day to help cover the family's expenses. Two of their children are employed at a local garment factory, earning an income of $2 each per day to partly assist the family’s expense. Their standard of living has improved since Meoun and his wife started this business, and he is now requesting a loan of $800 to purchase motorbike repair equipment to start a new business to generate a better income. This will be his first loan from CREDIT, partnered with Kiva.



Meoun's wife is pictured.

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
  • 187
    View loans »
    Cambodia Loans Fundraising
  • $36,989,250
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $800 helped Meoun to buy motorbike repair equipment.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 18, 2010
Listed
Mar 23, 2010
Currency Exchange Loss:
N/A
Ended:
Oct 19, 2011