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Yong
Yong is 44 years old. She is married and resides with her five children in Kampong Speu Province, Cambodia. She has been cultivating rice and fattening animals for more than 10 years, earning approximately $2 per day. Four of her children are employed in a garment factory. They earn about $16 each day. Due to the family's difficulties with transportation, Yong is requesting a loan of $1,500 to purchase a motorbike for commuting. This purchase will help her children easily commute to work. In the future, she would like to purchase a store where her children can run a tailoring shop and help her children earn a higher education. In addition, she hopes to build a new house as soon as possible.

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
  • 104
    View loans »
    Cambodia Loans Fundraising
  • $36,157,725
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Yong to purchase a motorbike for commuting.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 13, 2013
Listed
Dec 5, 2013
Currency Exchange Loss:
N/A
Ended:
Oct 18, 2014