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Nang
Nang, 42 years old, is a cake seller. Her husband is doing plantation. Their income is $10 per day. They have 4 children, one is studying and 2 are working in the factory. Their daughter has her own hairdresser shop.

Every month, Nang spends $40 on food, $10 on electricity, and $10 on other expenses. She would like to request a loan of $700 to buy equipment for her daughter's shop. She plan to help her daughter to run her shop well, and will extend the shop when it develops. For her child who is studying, she will always support him if he wants to continue university.

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
  • 218
    View loans »
    Cambodia Loans Fundraising
  • $35,768,625
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $700 helped Nang to buy equipment for her daughter's hairdressing shop.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 16, 2011
Listed
Jul 7, 2011
Currency Exchange Loss:
N/A
Ended:
Apr 15, 2012