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Suon
Mr. Suon D., 45 years old, offloads cement from trucks into factories. Normally, he hires some laborers to help him with the process, paying them when he is remunerated by the factory owner. Suon’s wife has a business making and selling food to the workers from a food stand, earning, on average, $5 per day. Suon’s wife is a good cook and in the future she wants to open a small restaurant. He has requested a loan of $1,000 from Kiva to expand his wife’s food stand, with the remaining money to be used to pay for his laborers’ wages until the factory owner pays him later in the month.


His wife is pictured because Mr. Suon Dara was not available.

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
  • 242
    View loans »
    Cambodia Loans Fundraising
  • $37,070,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Suon to expand his wife's food stand and pay for his laborer's wage.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Aug 4, 2008
Listed
Jun 26, 2008
Currency Exchange Loss:
N/A
Ended:
Sep 15, 2009