Pen, age 64, is married and resides with her children in Takeo Province, Cambodia. She has three children. She is engaged in a business as a traditional cake seller, earning an income of $2 per day to help cover the family expenses. The family is also assisted by her husband, who produces cement jars, earning an income of $1 per day. Their standard of living has improved since Pen and her husband have had these businesses. Pen is requesting a loan of $400 to purchase a motorbike for the children to commute to work. This is her first 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.