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Malai
Malai is 46 years old, married, has four children, and lives in Odong, Kampong Speu Province, Cambodia. She has been selling vegetables since 2005 and her husband has been providing transportation services to clients since 2010. Both of them can earn approximately (USD) $14 per day. Now, she would like to apply for a loan of (USD) $1,500 to build a motorcycle repair shop for providing services to clients. This loan will help her husband make more income for the family. In the future, she hopes that she can renovate her house and her children can get their high school diplomas.

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
  • 107
    View loans »
    Cambodia Loans Fundraising
  • $35,456,775
    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 Malai to build a motorcycle repair shop to provide services to clients.
44% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 5, 2014
Listed
Jun 27, 2014
Currency Exchange Loss:
N/A