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Phorn
Phorn, 50 years old, is married and resides with four children in Takeo Province, Cambodia. She has been growing vegetables to sell for more than seven years, earning approximately $2 daily. Phorn's husband runs a motor taxi service, earning about $3 each day. Three of her children are employed, earning about $9 per day.

Due to her family’s transportation difficulties, Phorn is requesting a loan of $600 to purchase a motorbike for commuting. This purchase will help reduce the family's transportation expenses. In the future, Phorn would like to expand her business and help her youngest child get a higher education. Moreover, she hopes to build a new house as soon as possible.

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
  • 312
    View loans »
    Cambodia Loans Fundraising
  • $37,561,025
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $600 helped Phorn to purchase a motorbike for commuting.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 19, 2012
Listed
Dec 1, 2012
Currency Exchange Loss:
N/A
Ended:
Jul 19, 2013