Channa is 24 years old. She is the mother of one child and resides with her husband and her parents in Kampong Chhnang Province, Cambodia. She has been working in a garment factory for more than two years, earning approximately $2 per day. Her husband is a sculptor who earns about $4 per day. Due to difficulty in her family’s transportation, Channa is requesting a loan of $400 to purchase a motorbike for commuting. This purchase would enable her to use the money saved on her transportation expenses to support the family. In the future, she would like to expand her husband’s business and send her children to a good school. Moreover, she plans to build her own house to live separately from her parents.
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.