Chin is 43 years old. She is married and resides with five children in Takeo Province, Cambodia. She has been working in garment factory for more than four years, earning approximately $2 daily. Her husband is a motor taxi driver who earns about $3 each day. Three of her children are employed in a garment factory, too. They earn about $9 per day. Because the present motorbike is old, Chin is requesting a loan of $1200 to purchase a new motorbike for her husband to run his taxi service. This purchase will help him attract more customers and earn more income for the family. In the future, she would like to run a grocery store at home and help her children earn bachelor’s degrees. 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.