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Cheng
Cheng Y., 44, resides with her family in Kampong Chnang province, Cambodia, an area known for palm products. Y. produces rice wine to sell, earning an income of USD 2 per day. Each month, the family has to spend USD 70 on food and USD 12 on the other necessary expenses.

Y. is requesting a loan of USD 1000 to purchase a motorbike for the family use. In the future, she would like to use the 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
  • 102
    View loans »
    Cambodia Loans Fundraising
  • $35,491,700
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Cheng to buy a motorbike for the family use.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 16, 2011
Listed
Feb 24, 2011
Currency Exchange Loss:
N/A
Ended:
Jan 15, 2012