Bud C., age 55, is married and resides with her children in the Takeo province in Cambodia. She has six children. She is engaged in a business of selling peanuts, earning an income of $2 per day to help cover the family expenses. Her husband is a motorbike repairman, earning an income of $3 per day. Their standard of living has been improved since C. and her husband have had these businesses.
C. is requesting a loan of $700 to purchase a motorbike with a compartment attached. This is her second loan from CREDIT, a partner of Kiva.
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.