Phea is 36 years old. She is married and resides with three children in the Takeo province of Cambodia. She has been selling fruits for more than five years, earning approximately $3 daily. Her husband helps her run the business. One of her children is a driver who earns an income of $4 each day.
Due to the difficulty in transporting her fruits, Phea is requesting a loan of $800 to purchase a motorbike to use in her fruit-selling business. This purchase will help her to transport her fruits faster.
In the future, Phea would like to expand her business and help her children earn bachelor’s degrees. Moreover, she hopes to build a new house as soon as possible.
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.