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Preap
Mrs. Preap Y., 44, is married with 3 children and works as a farmer. She grows rice, earning $3 a day. Her husband is in the army at Siem Reap province, Cambodia. Normally, he makes around $1.50 a day. One of their children is a construction worker, and the other is a security worker, who works at Phnom Penh city. They earn an average of about $1 each per day. Preap needs a loan to purchase a motorbike for her commute to work. Previously, Preap Y. rode a bicycle to her field, and that is difficult because her house and the farm land is far away. To make transportation easier and to save time, she decided to ask for a loan from Kiva to buy a motorbike. (She took a picture with her husband and the motorbike she wants to buy behind them.)

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
  • 122
    View loans »
    Cambodia Loans Fundraising
  • $36,200,725
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $425 helped Preap to purchase a motorbike for commuting to work.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Apr 3, 2008
Listed
Mar 19, 2008
Currency Exchange Loss:
N/A
Ended:
Nov 15, 2009