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Ven
Ven N., 51, is married and lives in Phnom Penh, Cambodia. Since 2003, she has worked collecting rice from house to house for sale. On average, she is able to make around US$4 each day. She says that currently it is difficult to purchase rice because most of the farmers have had a poor harvest. Her husband, Ong Oun, 54, is a rice farmer and normally he makes US$3 each day.

Ven N. would like to take out a loan of US$1,000 to increase her rice stock and to raise pigs for additional profit. In the future, she plans to purchase a mill with which to provide a grinding service as well.

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
  • 201
    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 $1,000 helped Ven to add increase rice inventory and raise pigs.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Oct 26, 2008
Listed
Oct 12, 2008
Currency Exchange Loss:
N/A
Ended:
May 15, 2010