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Luon
Luon S., 37, is an impoverished entrepreneur and has a business selling fish in her village. Every morning she receives fish from her husband who works as a fisherman and then transports it on her bicycle and sells it from house to house. She typically makes about US$ 2.5 each day.



Her husband, Penh Kim, sometimes catches more fish and he also sells it to fishmongers after he provides some to his wife. This couple has four children, two of whom are students; two others are employed as garment workers. Luon is requesting a loan of US$ 500 to purchase more fishing implements so her husband can catch more fish.

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 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 $500 helped Luon to purchase more fishing implements for her husband.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Oct 9, 2008
Listed
Sep 24, 2008
Currency Exchange Loss:
N/A
Ended:
May 15, 2010