Nov is 52 years old, married and he resides with six children in Takeo Province, Cambodia.
He has been making broom to sell for more than four years, earning approximately $2 daily. His wife helps him run the business.
Four of his children are employed. They earn about $12 each day.
In order to improve his family’s finances, Nov is requesting a loan of $1000 to purchase broom to resell. By doing so, he would earn additional income for the family. In the future, he would like to build a new house and help his children earn a higher level of education.
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.