Oun is 38 years old. He is married and resides with four children in Battambang Province, Cambodia. He has been working as a blacksmith for more than a year, earning approximately $12 per day. His wife runs a small cafe that sell foods and drinks. She earns about $20 per day. Oun is requesting a loan of $1500 to purchase timber to build sheds to provide more space for customers. This money will help him expand the cafe. In the future, they would like to run an additional business and help their children earn bachelor’s degrees. Moreover, they hope to build a new house.
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.