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Mabb
Mabb is 44 years old. He is married and resides with three children in Takeo Province, Cambodia. He has been buying recycled materials to resell for more than ten years, earning approximately $6 per day. His wife, who is in the picture, is a garment worker who earns an income of $3 a day.

Due to lack of funds, Mabb is requesting a loan of $1200 USD to purchase timber to build a new house. This money will help him obtain a comfortable house for his family. In the future, he would like to expand his business and help his children achieve a higher education.

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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

Tags

About Cambodia

  • $2,600
    Average annual income
  • 120
    View loans »
    Cambodia Loans Fundraising
  • $35,445,525
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back

This loan has been fully funded!

A loan of $1,200 helped Mabb to purchase timber to build a new house.
94% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 18, 2013
Listed
Nov 15, 2013
Currency Exchange Loss:
N/A