Check out some available loans that are similar to this one!
Sovong
Sovong, 21 years old, is a Khmer traditional wedding musician and also buys old motorbikes to resell at a profit. His income is $7 per day. His wife stays home taking care of their children. Every month he has to spend $50 on food, $7 on electricity and $10 on other family expenses. He would like to request a loan of $1000 to purchase old motorbikes for resale. His motorbike reselling business is going well and he wants to expand by buying more motorbikes when he has enough money.

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
  • 320
    View loans »
    Cambodia Loans Fundraising
  • $37,587,725
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Sovong to buy old motorbikes for resale.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 29, 2011
Listed
Jul 22, 2011
Currency Exchange Loss:
N/A
Ended:
Feb 15, 2012