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Veang
Veang, 29, is sigle and resides with her mother in Kampong Cham Province, Cambodia. She has been working in a timber factory for over three years, earning approximately USD 3 per day.

In order to improve her family’s livelihood, Veang would like to run an additional business. Due to lack of funds, Veang requests a loan of USD 500 to purchase a plot of farmland to cultivate cassavas. This money will help her acquire the security to start this new business. In the future, she would like to use the profit to expand her business and rebuild her present house to make it more convenient for her family’s living conditions.

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
  • 99
    View loans »
    Cambodia Loans Fundraising
  • $35,456,775
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Veang build land to grow cassavas.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 4, 2012
Listed
May 2, 2012
Currency Exchange Loss:
N/A
Ended:
Jan 15, 2013