Soeurn, 60, is widowed and resides with a daughter in Kampong Chnang Province, Cambodia. She has been selling groceries for over ten years, earning approximately US $4 per day. Her daughter is employed in a garment factory. She earns approximately US $3 per day.
In order to improve her family’s living conditions, Soeurn is requesting a loan of US $500 to raise capital in her business for purchasing more groceries to resell. This purchase will enable her to generate more income to support her family. In the future, she would like to expand her business and rebuild her presents' house to make it stronger and to provide better living conditions for her family.
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.