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Ken
Ken is 42 years old. He is married and resides with four children in Takeo Province, Cambodia. He has been working as a construction worker for more than ten years, earning approximately $4 per day. His wife makes brooms to sell and earns about $2 daily. Two of her children are garment workers who earn about $5 each day.

Due to the difficulty in his family’s transportation, Ken is requesting a loan of $800 to purchase a motorbike for commuting. This purchase would enable him to use the money saved on his transportation expenses to support the family. In the future, he would like to breed pigs to earn more income to support the family and help his children earn bachelor’s degrees. Moreover, he hopes to build fence around his house.

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
  • 220
    View loans »
    Cambodia Loans Fundraising
  • $35,768,625
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $800 helped Ken to purchase a motorbike for commuting.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 10, 2012
Listed
Sep 1, 2012
Currency Exchange Loss:
N/A
Ended:
Jul 17, 2013