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Proeung
Mrs. Proeung N., 52, is a market-vendor selling scallop and octopus, earning around $7.3/day in revenue. She is married and has six children. Her husband helps her sell at the market every morning and one of her children is self-employed as a motor-taxi driver, earning $2.40/day in revenue; a number of her other children are married and some are unemployed. Mrs. Proeung N. hopes to use this loan to expand her inventory and the remainder of the loan is to buy a motorcycle to assist in the transportation of her products.

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
  • 111
    View loans »
    Cambodia Loans Fundraising
  • $36,215,100
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Proeung to expand her inventory of seafood to sell as well as to purchase a motorcycle to transport her products.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Dec 14, 2007
Listed
Nov 28, 2007
Currency Exchange Loss:
N/A
Ended:
Jan 15, 2009