Srey Mom is 34 years old, is married and blessed with two children. They live in Kampong Chhnang Province, Cambodia. She has been selling marble for more than 10 years, earning approximately $50 per day. Her husband helps her to run the business.
Due to the difficulty of her family’s transportation expenses, Srey Mom is requesting a loan of $1100 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 business and send her children to a good school. Moreover, she hopes to 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.