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Peang
Mrs. Peang S., age 47, works in the market selling mortars and pestles for grinding food, earning $3 each day. Her husband makes the mortars and pestles that she sells, carving them out of blocks of stone. They have six children, two who work in Thailand earning $8 per day together, two who assist their father in producing the mortars and pestles, and two who are students.

In order to expand their business and meet client demand, Mrs. Peang S. would like to borrow $600 to buy additional stones and materials needed to produce the mortars and pestles. Her husband is pictured here producing a mortar.

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
  • 61
    View loans »
    Cambodia Loans Fundraising
  • $35,066,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $600 helped Peang to purchase stone and raw materials to supply the mortar and pestle business.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Oct 22, 2007
Listed
Oct 8, 2007
Currency Exchange Loss:
N/A
Ended:
May 20, 2009