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Neang
Neang S. is a 24 year-old housewife in Kampong Cham province. Her husband, Chren Sangbong, is a vendor who sells cashew nuts in stock through a local market. His business brings in about 7 USD daily to support her and their only child.



She wants to use her loan to purchase a larger stock of cashews for her husband to sell and thereby increase his profits. If he can generate enough additional revenue, they would like to expand to sell both cashews and yams in bulk over the border to Vietnam.

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
  • 305
    View loans »
    Cambodia Loans Fundraising
  • $37,565,125
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $800 helped Neang to purchase cashew nuts in stock to resell for profit.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Apr 25, 2008
Listed
Apr 9, 2008
Currency Exchange Loss:
N/A
Ended:
Nov 15, 2009