Check out some available loans that are similar to this one!
Chreng
Chreng S., 62, is requesting a loan of $1,000 to purchase a motorbike for her family's use. In the future, she would like to use any additional profits from her business to repair her house.

S. sells food, earning an income of about $5 per day. She is married and resides with her husband and two children in Prey Veng Province, Cambodia, an area known for being well supplied with fresh water from major rivers. Every month, the family has to spend $44 on food, $10 on electricity and $45 on other necessary expenses. Her two children are employed as construction workers, earning an income of about $3 each per day to help cover the family expenses.

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
  • 262
    View loans »
    Cambodia Loans Fundraising
  • $37,493,750
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Chreng to buy a motorbike for family use.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 3, 2010
Listed
Dec 14, 2010
Currency Exchange Loss:
N/A
Ended:
Dec 15, 2011