Yan is 35 years old. She is married and resides with three children in Takeo Province, Cambodia.
She has been doing carpentry for more than five years, earning approximately $8 daily. Her husband helps her run the business.
In order to improve her business, Yan is requesting a loan of $1,500 to purchase timber to produce more tables, beds, and other furniture to sell. This purchase will help her obtain enough materials to use in the business. In the future, she would like to expand her business and help her children earn bachelor’s degrees.
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.