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Veoun
Veoun, age 63, is married and resides with his wife and child in Phnom Penh City, Cambodia.

He is engaged in a business as a motorbike repairman, earning an income of $5 per day to help cover the family expenses. Their standard of living has been improved since Veoun has had this business.

Veoun is requesting a loan of $1,000 to purchase motorbike spare parts to resell and improve his business. This is his third loan from CREDIT, a partner of Kiva.

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
  • 60
    View loans »
    Cambodia Loans Fundraising
  • $35,066,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Veoun to buy motorbike spare parts to resell and improve the business.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 24, 2011
Listed
May 26, 2011
Currency Exchange Loss:
N/A
Ended:
Nov 15, 2012