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Phat
Phat, 66, resides in Kampong Chnang province, Cambodia, an area known for palm products. Phat produces traditional baskets, earning an income of $1 per day to help cover the family expenses. Each month, the family spends $100 on food and $30 on other necessary expenses. Phat is requesting a loan of $850 to purchase a motorbike for the family's use. This will be her third 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
  • 90
    View loans »
    Cambodia Loans Fundraising
  • $35,461,125
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $850 helped Phat to buy a motorbike for the family's use.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 3, 2011
Listed
Jun 24, 2011
Currency Exchange Loss:
N/A
Ended:
Jun 20, 2012