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Naram
Naram is 41 years old. She is married and resides with five children in Kampong Chhnang Province, Cambodia. She has been cultivating rice and fattening up animals for more than five years, earning approximately $2 daily. Her husband is a fisherman who makes an income of $4 each day to help cover the family’s expenses. Two of her children are garment workers. They earn about $6 per day. Due to lack of funds, Naram is requesting a loan of $500 to purchase timbers to build a new house. This purchase will enable her to finish building her house and help her provide better living conditions for her family. In the future, she would like to run a tailoring shop and help her children earn a bachelor’s degree.

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
  • 120
    View loans »
    Cambodia Loans Fundraising
  • $35,919,225
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Naram to purchase timbers to build a new house.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 5, 2013
Listed
Jul 1, 2013
Currency Exchange Loss:
N/A
Ended:
Jul 17, 2014