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Sopheap
Sopheap is 37 years old. He is married and blessed with one child in Takeo Province, Cambodia. He has been working in a saw mill for more than a year, earning approximately $10 daily. His wife is employed in a garment factory. She earns about $4 each day. In order to improve his family’s finances, Sopheap is requesting a loan of $1400 to purchase cattle for tilling his farmland. In the future, he would like to run his own saw mill and send his child to a good school.

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
  • 183
    View loans »
    Cambodia Loans Fundraising
  • $36,989,750
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,400 helped Sopheap to purchase cattle for tilling his farmland.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 14, 2012
Listed
Aug 2, 2012
Currency Exchange Loss:
N/A
Ended:
Jan 17, 2014