Nara is 42 years old. She is married and lives with her three children in Kampong Chhnang Province, Cambodia. She is a homemaker. Her husband is a construction worker who earns about $10 a day.
Due to the difficulty in her family’s transportation, Nara is requesting a loan of $1,000 to purchase a motorbike for commuting. This purchase would enable her to use the money she can save on her transportation expenses to support the family.
In the future, she would like to purchase rice to store in a warehouse and resell when the price is higher, and send her children to a good school. Moreover, she plans 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.