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Neang
Mr. Neang C. lives in Cambodia with his wife and four of their six children. To help support his large family, Mr. Neang works two jobs, one selling coffee and the other as a land dealer. His wife also works in their coffee business. The children also contribute to the household expenses. One is a garment worker, one a driver, and one works in a computer company.


Mr. Neang is requesting a loan of $1,200 to improve his business. One thousand dollars would go towards setting up a shop from which to run the coffee business. He has already begun construction on this shop. Additionally, he would like to use $200 to purchase a generator as lengthy blackouts are a common occurrence in many parts of Cambodia. Mr. Neang is pictured here with four of his children at the construction site of the coffee shop.

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
  • 197
    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 $1,200 helped Neang to set up a coffee shop and purchase a generator.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Aug 8, 2008
Listed
Jul 23, 2008
Currency Exchange Loss:
N/A
Ended:
Mar 15, 2010