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Somaly
Somaly is 23 years old. She is a mother of two children and resides with her husband in Kampong Chhnang Province, Cambodia. She has been working in a garment factory for more than 2 years, earning approximately 3 USD per day. Her husband is a truck driver who earns 5 USD per day. In order to improve her family’s finance, Somaly is requesting a loan of 600 USD to purchase rice for resale when the price is higher. By doing so, she would earn extra income to support the family. In the future, she would like to run a grocery store and help her children earn bachelor’s degrees. Moreover, she hopes to rebuild her present house to make it more convenient for her family.

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
  • 110
    View loans »
    Cambodia Loans Fundraising
  • $35,445,525
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $600 helped Somaly to purchase rice to resale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 24, 2012
Listed
Jun 1, 2012
Currency Exchange Loss:
N/A
Ended:
May 17, 2013