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Mai
Mai is 37 years old. She is married and resides with three children in Takeo Province, Cambodia. She has been selling vegetables and pork for more than ten years, earning approximately $8 per day. Her husband is a construction worker who makes an income of $7 each day. To improve her family’s finances, Mai asks for a loan of $700 to purchase cattle to breed and resell when they gain weight. By doing so, she would be able to generate more income to financially support the family. In the future, she would like to expand her business and help her children earn bachelor’s degrees. Moreover, she wants to build a new house if 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
  • 207
    View loans »
    Cambodia Loans Fundraising
  • $37,044,750
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $700 helped Mai to purchase cattle to breed and resell when they gain weight.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 31, 2013
Listed
Jan 12, 2014
Currency Exchange Loss:
N/A
Ended:
Nov 17, 2014