Saroeurn, 30, is widowed and resides with three children in Kampong Chhnang Province, Cambodia. She has been selling breads and steamed corn for over ten years to generate income to support the family as well as to cover her children's educational expenses. However, she could not afford her children's educational expense because she is the only one who makes money to support the family. Therefore, all of her children have been forced to stop studying and find a job to do in order to help her generate income to support the family.
Currently, all of her children are employed at a garment factory. Due to the difficulty in transporting her breads and steamed corn to sell, Saroeurn is requesting a loan of USD 600 to purchase a motorbike to carry her breads and steamed corn to sell around the village. In the future, she plans to build a new house.
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.