Mean, 57, resides with her husband and two children in Kampong Chnang province, Cambodia, an area known for palm products. Mean is a farmer, earning an income of $3 USD per day. Her husband is a motor-taxi driver, earning an income of $4 USD per day to help cover the family expenses. Each month, the family has to spend $40 USD on food and $50 USD on other necessary expenses.
Mean is requesting a loan of $300 USD to purchase a new motorbike with a tuk-tuk (auto rickshaw) to improve her husband’s transportation business. This will be her second 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.