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Chut
Mrs. Chut H., 45, is a widow with one child and works making cakes to sell in the market.

Typically, she earns $2.90 a day in profit. Her daughter works in the factory and normally makes on average $1.60 a day in profit.

Mrs. Chut H. wants to improve her business and is now requesting a loan from Kiva of about $400 to purchase rice, sugar and beans to make a large number of cakes to sell. The rest of the money she will use to buy pigs to raise for additional revenue.

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
  • 268
    View loans »
    Cambodia Loans Fundraising
  • $37,517,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $400 helped Chut she will use this loan to purchase rice, sugar and beans to make cakes to sell in the market.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Mar 18, 2008
Listed
Mar 4, 2008
Currency Exchange Loss:
N/A
Ended:
Oct 15, 2009