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Ret
Ret is 34 years old. She is married and resides with five children in Kampong Speu Province, Cambodia. She has been working in a garment factory for more than a year, earning approximately $5 per day. Her husband is a rice farmer who makes an income of $1 daily. Due to the difficulty in her family’s transportation, Ret is requesting a loan of $1000 to purchase a motorbike for commuting. This purchase will help her reduce transportation expenses. In the future, she would like to rebuild her house and help her children earn 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.

Tags

About Cambodia

  • $2,600
    Average annual income
  • 113
    View loans »
    Cambodia Loans Fundraising
  • $36,215,100
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Ret to purchase a motorbike for commuting.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 20, 2013
Listed
Dec 6, 2013
Currency Exchange Loss:
N/A
Ended:
Jan 17, 2015