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Pheng
Pheng, 49, is married and resides with his wife and three children in Battambang Province, Cambodia. He has been a motor taxi driver for over seven years and is successful in his career. His wife is a homemaker. In order to improve his family's living conditions, Peng is requesting a loan of USD 1,000 to purchase construction materials to fix and renew his house to be a comfortable house for his family. In the future, he would like to run a grocery store for his wife to sell at home and support his children to study until they get their bachelor's degree.

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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Cambodia

  • $2,600
    Average annual income
  • 267
    View loans »
    Cambodia Loans Fundraising
  • $37,510,725
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Pheng to purchase construction materials to fix and renew his house.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 29, 2011
Listed
Jan 3, 2012
Currency Exchange Loss:
N/A
Ended:
Jul 24, 2012