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Neang
Mrs. Neang S., aged 47, works growing and selling vegetables in the market, earning around $2 each day. Husband is employed at a private company, making around $4 per day. They have four children, two of whom are married and two of whom are students. She would like to request a loan of $600 in order to purchase a motor-bike for her son-in-law to operate a motor-taxi business. This will increase the income of the entire family, raising their standard of living and allowing her to better finance her other children’s education. Her son is pictured on the motor-bike they would like to purchase with the Kiva loan.

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
  • 128
    View loans »
    Cambodia Loans Fundraising
  • $35,084,000
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $600 helped Neang to purchase a motor-bike to operate a motor-taxi business.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Dec 29, 2007
Listed
Dec 15, 2007
Currency Exchange Loss:
N/A
Ended:
Apr 15, 2009