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Choeun
Choeun P., 26, operates a motor-taxi service while his wife, Lim Sok Iai, runs a small fruit stand. They live in Kampong Cham with three young children, and they typically make US$ 3 each per day in their respective jobs.

Choeun P. has asked to take out a loan to help his wife's fruit business grow. He has asked for US$ 1000 to purchase more fruits to expand her inventory and provide more options for customers. The family believes that this can increase her customer base and also increase their income, so the whole family will benefit.

With any money that is left over, Choeun P. would like to purchase a new motorbike to improve his own business. A better motorbike will use less gasoline and provide a more attractive option for customers.

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
  • 99
    View loans »
    Cambodia Loans Fundraising
  • $35,456,775
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Choeun purchase more fruit for his wife's business.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Sep 12, 2008
Listed
Aug 28, 2008
Currency Exchange Loss:
N/A
Ended:
Apr 15, 2010