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Heng
Mr. Heng S., 34, has two children -- one 3 years old and one 7, who studies in kindergarten. He works with his wife selling various kinds of grocery products to the people in their community. He can typically earn about $4/day of net income. Each month, Mr. Heng S. spends around $40 on food, $20 on utilities and around $10 on his children's tuition fees, and sometimes the family members will spend a little more on a special occasion such as a wedding party, funeral ceremony, or other traditional ceremony.



Mr. Heng S. and his wife would like to ask for a loan from Kiva to purchaS. more grocery products to increaS. their profit margin as well as to meet their growing customer demand.



In the future, this couple plans to expand his stand to enable them to grow the business more.

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
  • 201
    View loans »
    Cambodia Loans Fundraising
  • $37,041,000
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Heng to buy more grocery products to meet his clients' demands.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Sep 18, 2008
Listed
Sep 4, 2008
Currency Exchange Loss:
N/A
Ended:
Apr 15, 2010