Chinda is 44 years old. She is married and resides with three children in Kampong Chhnang Province, Cambodia.
Chinda makes a living selling desserts. She earns about USD 12 daily. Her husband is a construction worker who makes an income of USD 10 per day. Two of her children are employed in a garment factory. They earn about USD 6 each day.
In order to improve her husband’s business, Chinda requests a loan of USD 1,500 to purchase more construction tools for her husband to use in his work. This purchase will help him obtain enough tools to use and enable him to bid for bigger construction projects.
In the future, she would like to run a tailoring shop for her children and send her youngest child to a good school. Moreover, she hopes to build a new house.
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.