Pao is 34 years old. She is married and resides with two children in Takeo Province, Cambodia. She has been cultivating rice and fattening up animal for more than ten years, earning approximately $1 daily. Her husband (who is joining her in the picture) runs the business of purchasing motorbike to resale. He makes an income of $10 per day.
In order to improve her family’s finances, Pao is requesting a loan of $1000 for her husband to purchase motorbikes to resell. This money will help him generate more income for the family. In the future, she would like to expand the business and help her children earn bachelor’s degree.
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.