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Kim
Kim P. is 55 years old and lives with her husband and five children in Phnom Penh, Cambodia. She sells delicious Chinese bean cakes in her village and can make about $2.50 per day. Her husband (pictured here) sells candy and makes about $5.00 per day. One of their daughters is a garment worker in a nearby factory and one of her sons is a construction worker. The other three children are still in school. The family hopes to use this loan to purchase wood in order to repair their house--specifically to protect it from leaking in the rainy season.

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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Cambodia

  • $2,600
    Average annual income
  • 120
    View loans »
    Cambodia Loans Fundraising
  • $35,859,500
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Kim to purchase wood in order to repair house so it does not leak during the rainy season.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
May 14, 2007
Listed
Apr 28, 2007
Currency Exchange Loss:
N/A
Ended:
Dec 15, 2008