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Meng
Meng B. K. is 35 years old making a decent living as a carpenter in the city of Siem Reap. He has worked there since 1999 becoming more and more skilled at his trade. He can now make 6 US$ per day with his carpentry business. His wife works for a weaving business, weaving cloth for traditional Khmer clothing. She earns 5 US$ each day. They have three young children living in the family home, along with her younger sister who is dependent on them.


He wants to facilitate his sister in law being able to work and add to the family income as well as obtain personal transportation to and from work for him and his wife. He wants to invest in a motorbike to provide for these needs. His wife is pictured here outside their home as he was unavailable when our loan officers visited. The motorbike in the picture belongs to a loan officer, not the family.

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
  • 282
    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 $1,200 helped Meng to buy a motorbike.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
May 23, 2008
Listed
May 2, 2008
Currency Exchange Loss:
N/A
Ended:
Dec 15, 2009