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Vantha
Vantha, 28 years old, is a hair cutter with $6 per day as income. His wife is staying home taking care of their child. They have one child and he is 5 years old. Every month, Vantha has to spend $55 on food, $12 on electricity, and $15 more on other expenses. He would like to request a loan of $1200 to buy farmland and hair cutting equipment. He wants to have a small grocery shop for his wife in the market, so that they both can make good income doing other things in the future.

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
  • 264
    View loans »
    Cambodia Loans Fundraising
  • $37,494,750
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Vantha to buy farmland and hair cutting equipment.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 15, 2011
Listed
Jul 4, 2011
Currency Exchange Loss:
N/A
Ended:
Nov 15, 2012