Dy is 40 years old. She is a mother of three children and resides with her husband in Takeo Province, Cambodia. She has been involved in breeding pigs for more than ten years, earning approximately $3 per day. Her husband runs a business of purchasing junk materials to resell at the junk shop. He earns about $8 per day. Two of her children are garment workers. They earn about $6 per day.
In order to improve her family’s finances, Dy is requesting a loan of $1,200 to purchase a Tuk Tuk for her son to run a taxi service. This purchase will help her son to generate more income to support the family. In the future, she would like to expand her business and help her youngest child earn a bachelor’s degree. Moreover, she plans to build a new kitchen as soon as possible.
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.