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Hing
Hing is 45 years old. She is married and resides with three children in Kampong Speu Province, Cambodia. She has been involved in cultivating rice and fattening up animals for more than ten years, earning approximately $5 daily. Her husband is a construction worker who makes an income of $7 each day. One of her children is a garment worker who earns about $8 per day. Due to the difficulty in her family’s transportation, Hing is requesting a loan of $1500 to purchase a motorbike for commuting. This purchase will help her save money on her transportation expenses. In the future, she would like to expand her business and help her children earn bachelor’s degrees.

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
  • 258
    View loans »
    Cambodia Loans Fundraising
  • $37,529,700
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Hing to purchase a motorbike for commuting.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 20, 2013
Listed
Sep 23, 2013
Currency Exchange Loss:
N/A
Ended:
Dec 22, 2014