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Phy
Phy is 25 years old. She is married and blessed with two children in Siem Reap Province, Cambodia. She has been cultivating rice and fattening animals for more than ten years, earning approximately $2 per day. Her husband is a sculptor who earns about $4 per day.

Due to the difficulty in her family's transportation, Phy is requesting a loan of $700 to purchase a motorbike for commuting. This purchase would enable her to use the money saved on her transportation expenses to support her family. In the future, she would like to expand her business and help her children earn bachelor's degrees.

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
  • 126
    View loans »
    Cambodia Loans Fundraising
  • $35,859,500
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $700 helped Phy to purchase a motorbike for commuting.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 23, 2012
Listed
Jul 1, 2012
Currency Exchange Loss:
N/A
Ended:
Dec 15, 2012