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Ly
Mrs. Ly L., 58, works making beef soup and selling a variety of grocery products to the people in her area, making an average of around $ 5 each day of profit. She started this business in 2000, the time her husband started a running a butchery shop in his area making on average about $3.30 of profit per day.


One of her children works at a garment factory, another one is employed at Thailand as a laborer, and the rest are students.


Mrs. Ly L. hopes to use this loan to purchase more grocery products to expand her growing business and use the leftover money to buy large quantities of cashew nuts from the growers for resale.

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
  • 194
    View loans »
    Cambodia Loans Fundraising
  • $36,972,025
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Ly to purchse more grocery products to expand her growing business and buy large quantities of cashew nuts from the growers.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Feb 23, 2008
Listed
Feb 7, 2008
Currency Exchange Loss:
N/A
Ended:
Sep 23, 2009