Peoung P., age 49, is married and resides in Siem Reap province, Cambodia, an area known for Angkorean Temples. P. is a recycler, earning an income of about 10 USD per day. Her husband is a road worker, earning an income of 4 USD per day. Each month, the family has to spend 75 USD on food and 55 USD on other necessary expenses. P. is requesting a loan of 1,000 USD to purchase a motorbike for her children to commute to work. This will be her first loan from CREDIT, a long-standing Kiva partner.
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.