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Sareith
Sareith is 50 years old. She is widowed and resides with her six children in Kampong Chhnang Province, Cambodia. She has been working in a garment factory for more than four years, earning approximately $3 per day. Three of her children are employed in a garment factory. They earn about $9 per day.

Sareith wants to rebuild her house. With this goal in mind, Sareith is requesting a loan of $1000 to purchase construction materials to rebuild her house. This money would enable her to provide better living conditions for her family. In the future, she would like to run an additional business to earn more income to support her family and help her children 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
  • 127
    View loans »
    Cambodia Loans Fundraising
  • $36,166,675
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Sareith to purchase construction materials to rebuild her house.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 3, 2012
Listed
Jun 1, 2012
Currency Exchange Loss:
N/A
Ended:
Apr 17, 2013