Doeuy is 34 years old. He is married and resides with one child in Battambang Province, Cambodia. He has been selling grilled cassava cakes and grilled eggs for more than five years, earning approximately $20 daily. His wife helps him run the business.
In order to improve his business, Doeuy is requesting a loan of $1000 to purchase a tri-cycle vehicle to use for transporting. This purchase will help him easily transport his cakes and eggs to sell in the local community and expand his target market.
In the future, Doeuy would like to buy a store for selling and help his child earn a bachelor’s degree. Moreover, he 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.