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Prak
Mrs. Prak P., 46, is a widow with one child who is a student. She works selling traditional medicine, which is normally made from herbs and other grass. She sells her medicine from place to place around her town, making typically about $5 per day in revenue. Mrs. Prak P. would like to take out the loan to purchase a motor-bike to use for her business transportation. As now she has only a bicycle to transport her medicine.

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
  • 121
    View loans »
    Cambodia Loans Fundraising
  • $36,200,725
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $700 helped Prak to buy a motor-bike to use for her busines transportation.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Sep 4, 2008
Listed
Aug 20, 2008
Currency Exchange Loss:
N/A
Ended:
Apr 15, 2010