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Phach is 60 and married. She resides with her husband and seven children in Kampong Chhnang Province, Cambodia. For the past 20 years, Phach and her husband have been farmers and they have extensive experience and are successful in their careers. They are involved in growing rice and raising cattle and they earn approximately 7 USD each day. Three of Phach's children are employed in a garment factory and they earn about 9 USD per day.

Phach is requesting a 1,000 USD loan to begin a new business to improve her family's income. She will use her loan to purchase cosmetics to run a beauty salon so that her children can generate more income. In the future, Phach would like to build a new house and help her children to study the Korean language in order to find jobs in Korea.

Additional Information


KREDIT Microfinance Institution Plc., 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
  • 114
    View loans »
    Cambodia Loans Fundraising
  • $41,451,425
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Phach to purchase cosmetics to begin a beauty salon.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jan 27, 2012
Feb 23, 2012
Currency Exchange Loss:
Jan 15, 2013