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Ly
Ly is 52 years old. She is married and resides, with one child, in Kampong Speu Province, Cambodia. She has been selling desserts for more than ten years, earning about $4 per day.

In order to improve her family’s finances, Ly is requesting a loan of $500 to buy a motorbike for her husband to run a taxi service. This purchase will help him generate more income to support the family.

In the future, she would like to prepare a better place for selling desserts at home and send her child to a good school.

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.

Tags

About Cambodia

  • $2,600
    Average annual income
  • 121
    View loans »
    Cambodia Loans Fundraising
  • $35,122,200
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Ly to buy a motorbike for her husband to run a taxi service.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 6, 2013
Listed
Sep 23, 2013
Currency Exchange Loss:
N/A
Ended:
Aug 23, 2014