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Chen
Chen V., 57, resides in Takeo Province, Cambodia, an area known for pre-angkorean temples. She sells traditional cakes, earning an income of USD 3 per day. Each month, the family has to spend USD 25 on food and USD 15 on other necessary expenses. V. is requesting a loan of USD 1,000 to purchase a tuk tuk for her nephew to start a business as a tuk tuk driver. In the future, she would like to use any additional income to repair her house. This will be her first loan from CREDIT, a longstanding Kiva partner.

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
  • 203
    View loans »
    Cambodia Loans Fundraising
  • $37,044,750
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Chen to buy a tuk tuk for her nephew to start a business.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 5, 2011
Listed
Jan 19, 2011
Currency Exchange Loss:
N/A
Ended:
Jul 24, 2012