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Park
Park, 44 years old, sells peanuts and sugar palm and earns $3 per day. Her husband provides motorbike with a cart attached services and earns $3 per day. They have four children. One is two years old, one is studying and two are working. Each earns $3 per day. Every month, she has to spend $70 on food, $12 on school fee, and $10 on other expenses. She would like to request a loan of $1200 to buy a motorbike to transport peanuts and sugar palm to sell. She wants to buy grocery goods to sell in front of her house so that she can make better income.

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
  • 178
    View loans »
    Cambodia Loans Fundraising
  • $35,785,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Park to buy a motorbike to transport peanuts and sugar palm to sell.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 4, 2011
Listed
Nov 4, 2011
Currency Exchange Loss:
N/A
Ended:
Mar 15, 2013