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Sambath
Sambath is 52 years old. She is a mother of three children and resides with her husband in Kampong Chhnang Province, Cambodia. She has been selling boiled corn and potatoes for more than three years, earning approximately $4 per day. Two of her children are employed in the garment factory business. They earn about $7 per day. Sambath wants to rebuild her present house. With this goal in mind, Sambath is requesting a loan of $700 to purchase construction materials to rebuild her house. This money will help her provide a better living condition for her family. In the future, she would like to expand her business and help her youngest son earn a 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
  • 121
    View loans »
    Cambodia Loans Fundraising
  • $35,861,050
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $700 helped Sambath to purchase construction materials to rebuild her house.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 19, 2012
Listed
May 17, 2012
Currency Exchange Loss:
N/A
Ended:
Jul 17, 2013