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Chun
Chun B. is 38 years old and with her three children, has resided in Kampong Cham province for many years. All her children are students and sometimes, when they have free time, they help their mother selling sugar cane juice and groceries. On average, she earns around $6 a day of profit. She started the business in the year 2000. Moreover, to support the family’s income her husband, Kun Sopheap, 43, is a police official with a salary of $50 per month.


Because she wants to increase the number of groceries for sale to meet her customer's demand, she has applied for a loan from Kiva, to purchase groceries in bulk and save the money. The majority of the loan will however be used to purchase a plot of land to resell whenever the price is high.

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
  • 251
    View loans »
    Cambodia Loans Fundraising
  • $37,502,950
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Chun to purchase groceries and land.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Apr 30, 2008
Listed
Apr 15, 2008
Currency Exchange Loss:
N/A
Ended:
Mar 16, 2009