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Chin
Mrs. Chin Y., 50, is a widow and has four children. Her husband passed away many years ago, so she is the one who take care of and covers all of her family’s expenses. Starting in 2000, she opened a stand in front of a primary school selling biscuits, snacks and sugarcane juice. She is able to earn around $8 each day of income. In order to lessen her family’s financial cost, Mrs. Chin Y. is taking a loan from CREDIT MFI in the amount of $400 to purchase piglets to breed on her piece of land. She expects to earn income from this breeding in six to seven months.

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
  • 120
    View loans »
    Cambodia Loans Fundraising
  • $35,126,800
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $400 helped Chin to purchase piglets to breed.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Apr 13, 2008
Listed
Mar 30, 2008
Currency Exchange Loss:
N/A
Ended:
Nov 15, 2009