Phallai is 33 years old. She is married and blessed with two children and lives in Kampong Chhnang Province, Cambodia. She has been working in a garment factory for more than six years, earning approximately $2 per day. Her husband runs the taxi service (motor taxi). He earns about $5 per day.
Because the present motorbike is old, Phallai is requesting a loan of $500 to purchase a new motorbike for her husband to run the service. This purchase will help her husband attract more customers and earn more income to support the family. In the future, she would like to run a tailoring shop and help her children earn a bachelor’s degree. Moreover, she hopes to build a new wooden house 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.