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Phon
Phon is 53 years old. She is married, and resides with three children in Kampong Chhnang Province, Cambodia. She is a homemaker. Her husband runs a taxi service (motor taxi) and makes an income of $6 daily. Her children are employed in a garment factory. They earn about $9 each day.

Due to a lack of funds, Phon is requesting a loan of $600 to purchase timber to build a fence around her house. By doing so, she would gain high security for her family.

In the future, she would like to run a tailoring shop so her children can work at home in order to generate more income for 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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Cambodia

  • $2,600
    Average annual income
  • 267
    View loans »
    Cambodia Loans Fundraising
  • $37,517,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $600 helped Phon to purchase timber to build a fence around her house.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 19, 2012
Listed
Jan 1, 2013
Currency Exchange Loss:
N/A
Ended:
Sep 17, 2013