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Phen
Mrs. Phen V., aged 51, rears pigs and sells the piglets in the market. Her husband works as a horse-cart driver, transporting passengers and cargo around the neighbourhood, earning around $4.20 per day. They have one child who helps his mother raise pigs.


Mrs Verdy would like to request a loan of $1,200 in order to purchase a machine to charge batteries, such as vehicle batteries. The increased income generated by fees charged for the use of the machine will help her family financially and raise their standard of living.

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
  • 122
    View loans »
    Cambodia Loans Fundraising
  • $35,919,225
    Funds lent in using Kiva
  • 3,992.2
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Phen to purchase a battery charging machine to operate a battery charging business.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Nov 13, 2007
Listed
Oct 29, 2007
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2009