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Sareth
Sareth, 49 years old, was an apprentice for five years and now he is a master craftsman. His wife is a farmer, and their income is $52 per day. They do not have any children.

Their expenses are $80 for food, $5 for electricity and $10 for transportation.

He would like to request a loan of $400 to buy zinc to roof his house because he wants to have a proper home to live in. His plan is to repair his house to be better than now when he has more profit.

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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Cambodia

  • $2,600
    Average annual income
  • 133
    View loans »
    Cambodia Loans Fundraising
  • $36,604,675
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $400 helped Sareth to buy zinc to roof his house.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 10, 2011
Listed
Jun 21, 2011
Currency Exchange Loss:
N/A
Ended:
Apr 15, 2012