She has been selling sugarcane juice for more than six years. In addition, she runs the service of shredding coconut meat. She makes an income of $6 daily. Her husband is a motor taxi driver who earns about $3 each day. Two of her children are employed in a garment factory. They earn about $7 per day.
In order to improve her family’s living conditions, Seak is requesting a loan of $1,500 to purchase construction materials to fix her house. This money will help her provide better living conditions for her family.
In the future, she would like to expand her business and help her children earn bachelor’s degrees.
About KREDITKREDIT 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.
About Housing Loans
Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.
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