Mrs. Cheoun I., 28, is the mother of two children and works as a garment worker, making about $3 a day. Her husband is a motor-taxi driver and can earn as much as $3 a day of profit.
The couple has requested this loan to replace their old motorbike, which is unreliable and uses lots of gas.
(Mrs. Cheoun I., pictured with her husband and one of her children.)
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.