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El
El K., 63, is married and lives with her husband and four children in Kampong Chnang province, Cambodia – an area known for palm products. K. sells school stationary, earning $3 US per day to help cover the family's expenses. Each month, the family has to spend $100 US on food and $27 US on other expenses. K. is requesting a loan of $800 US to purchase a new motorbike for family use. In the future, she would like to use additional income to repair her house. This will be her 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
  • 330
    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 El to buy a motorbike for family use.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 22, 2011
Listed
Feb 21, 2011
Currency Exchange Loss:
N/A
Ended:
Dec 15, 2011