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Kang
Kang is a married woman with one child. She is a farmer and her husband is a charcoal and firewood seller. Both of them earn around $12 per day. In order to expand her husband’s business, she would like to take out a loan of $1,500 for buying a hand tractor to transport charcoal and firewood. This loan is very important as the hand tractor will be very useful for developing her husband’s business and this business is the big gateway to gaining income for her family. She hopes that in the future she can buy more charcoal and firewood for the business and build the gate of 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.

Tags

About Cambodia

  • $2,600
    Average annual income
  • 233
    View loans »
    Cambodia Loans Fundraising
  • $37,057,450
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back

This loan has been fully funded!

A loan of $1,500 helped Kang to buy a hand tractor to transport charcoal and firewood.
94% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 15, 2014
Listed
Jan 31, 2014
Currency Exchange Loss:
N/A