Savoeun is 45 years old. She is married and lives with her six children in Kampong Speu Province, Cambodia. She has been cultivating rice and fattening up animals for more than 10 years, earning approximately $4 daily. Her husband (who has joined her in the photo) is a construction worker. Additionally, he is a Khmer traditional singer who sings in wedding ceremonies. He earns about $5 each day. Three of her children are employed in a garment factory. They earn about $12 daily.
In order to improve her family’s finances, Savoeun is requesting a loan of $1300 to purchase piglets to breed and sell when they gain weight. By doing so, she would earn more income for the family. In the future, she would like to expand her business and help her children to access higher education. Moreover, Savoeun hopes to rebuild her house to make it more comfortable for her family.
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.