Savy is 42 years old. She is married and resides with her husband and three children in Battambang Province, Cambodia. She and her husband have been involved in the agricultural business for over 10 years and enjoy successful careers growing rice and fishing. Additionally, her husband is a motor taxi driver and one of her children is a dealer in the casino.
In order to improve her family’s living conditions, Savy is requesting a loan of $1,000 to purchase a new motorbike for her husband to run as a motor taxi. The purchase of a new motorbike would allow her husband to attract more customers and earn more money to support the family.
In the future, she would like to purchase piglets to breed and sell for a profitable price once they gain weight. In addition, she plans to build a new house and support her children while they study to earn bachelors degrees.
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.