Ern is 51 years old. She is a mother of two children and resides with her husband in Kampong Chhnang Province, Cambodia. She has been involved in growing rice and fattening up animals for more than twenty years, earning approximately $3 per day. Her husband is a construction worker who earns about $10 per day. One of her children is a garment worker who earns about $3 per day. Due to the difficulty in her family’s transportation, Ern is requesting a loan of $700 to purchase a motorbike to commute. This purchase would enable her to use the saved money on her transportation expenses to support her family. In the future, she would like to expand her business and rebuild her present house to make it more comfortable 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.