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Chan
Chan N., 58, is married and resides with her husband and two children in Takeo Province, Cambodia, an area known for pre-angkorean Temples. N. is a vegetable seller in the city, earning an income of USD 3 per day. One of her children is employed at the factory, earning an income of about USD 1 per day to help cover the family expenses. The family has to spend USD 40 on food, USD 5 on electricity supply, and USD 55 on other necessary expenses every month. N. is requesting a loan of USD 500 to purchase more vegetable to stock her store. 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
  • 318
    View loans »
    Cambodia Loans Fundraising
  • $37,580,575
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Chan to buy more vegetables to stock her store.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 21, 2010
Listed
Nov 7, 2010
Currency Exchange Loss:
N/A
Ended:
Oct 19, 2011