Saroeun, a 38-year-old widow residing with her three children in Kampong Speu Province, Cambodia, has been selling Khmer noodles for more than seven years, earning approximately $5 daily. Two of her children are employed in a garment factory, earning about $7 each day.
Due to a lack of funds, Saroeun is requesting a loan of $1000 to purchase timber and zinc to build a store for selling noodles. This money will help her provide a convenient place for her customers to shop. In the future, she would like to run a grocery store and help her youngest child earn a 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.