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Lai
Lai is 50 years old. She is married and resides with four children in Prey Veng Province, Cambodia. She has been working in a pepper plantation for more than a year, earning approximately $6 daily. Her husband is employed in the plantation as well. He earns about $6 per day. One of her children is employed in a garment factory and earns about $2 each day.

Due to the difficulty in her family’s transportation, Lai is requesting a loan of $1,000 to purchase a motorbike for commuting. This purchase would enable her to use the saved money on her transportation expenses to support the family. In the future, she would like to build a new house and send her children 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
  • 74
    View loans »
    Cambodia Loans Fundraising
  • $35,066,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Lai to purchase a motorbike for commuting.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 24, 2012
Listed
Dec 1, 2012
Currency Exchange Loss:
N/A
Ended:
Mar 18, 2014