Moeurn is 64 years old and lives in Prey Veng Province, Cambodia. She is married and is blessed with one adult child. Moeurn has been selling groceries for more than two years, earning approximately $25 per day. Her husband is a rice farmer who earns about $2 daily. Her adult child is a teacher who earns about $5 each day.
Moeurn is requesting a loan of $1100 to purchase tables, chairs and a whiteboard for her adult child to run a private class. By doing so, her adult child would earn more income to support the family. In the future, she would like to expand her business and build a new 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.