Men K., 68, is married and resides with her husband and a child in Takeo Province, Cambodia, an area known for Pre-Angkorean Temples. She is a housewife, while her husband is a village chief earning an income of USD 1 per day. Her is child is currently employed at a local garment factory, earning an income of USD 3 per day to help cover the family expenses. K. is requesting a loan of USD 1000 to purchase a new motorbike for her child to commute to work. In the future, she would like to use any additional profit to repair her house. This is her first loan from CREDIT, a long-standing Kiva partner in Cambodia.
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.