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Nov
Nov is 52 years old, married and he resides with six children in Takeo Province, Cambodia.

He has been making broom to sell for more than four years, earning approximately $2 daily. His wife helps him run the business.

Four of his children are employed. They earn about $12 each day.

In order to improve his family’s finances, Nov is requesting a loan of $1000 to purchase broom to resell. By doing so, he would earn additional income for the family. In the future, he would like to build a new house and help his children earn a higher level of education.

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
  • 196
    View loans »
    Cambodia Loans Fundraising
  • $37,044,750
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Nov to purchase broom to resell.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 19, 2012
Listed
Jan 1, 2013
Currency Exchange Loss:
N/A
Ended:
Nov 19, 2013