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Cheng
Cheng Y., 42, is married and resides with her husband and five children in Takeo Province, Cambodia, an area known for pre-Angkorean temples. She sells hand-made brooms for an income of about USD 2 per day. Her husband is a skillful carpenter, earning an income of USD 3 per day to help cover the family expenses.

Y. is requesting a loan of USD 1200 to purchase wood from an old house for resale. In the future, she would like to use any additional profit to repair her house. This is her first loan from CREDIT, a long-standing Kiva partner in Cambodia.

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
  • 107
    View loans »
    Cambodia Loans Fundraising
  • $36,200,725
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Cheng buy wood from old house for resale.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 31, 2010
Listed
Apr 21, 2010
Currency Exchange Loss:
N/A
Ended:
Mar 17, 2011