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Mom
Mom is 34 years old. She is married and resides with three children in Kampong Speu Province, Cambodia. She has been working in a garment factory for more than a year, earning approximately $4 per day. Her husband is a rice farmer who makes an income of $2 daily. Due to lack of funds, Mom is requesting a loan of $1000 to purchase bricks and cement to build a room and bathroom at the ground floor of her house. This money will help her provide better living conditions for her family. In the future, she would like to purchase farmland for rice cultivation and send her children to a good school. In addition, she wants to build fence around her house.

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.

About Cambodia

  • $2,600
    Average annual income
  • 232
    View loans »
    Cambodia Loans Fundraising
  • $37,058,050
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Mom to purchase bricks and cement to build a room and bathroom at the ground floor of her house.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 9, 2013
Listed
Dec 22, 2013
Currency Exchange Loss:
N/A
Ended:
Nov 17, 2014