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Nen
Nen V., 30, resides with his family in Battambong province, Cambodia, an area known for quality rice products. V. is a farmer and grows vegetables, earning an income of aproximately $4 per day. Each month, the family has to spend $30 on food and $10 on the other necessary expenses.

V. is requesting a loan of $800 to purchase more vegetable seeds to improve his farming business. In the future, he would like to use the additional income to repair his house. This will be his first loan from CREDIT, a long standing 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
  • 322
    View loans »
    Cambodia Loans Fundraising
  • $37,587,725
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $800 helped Nen buy more vegetable seeds to grow more vegetables.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 26, 2011
Listed
Feb 20, 2011
Currency Exchange Loss:
N/A
Ended:
Nov 21, 2011