Run is 58 years old. She is married and resides with two children in Kampong Speu Province, Cambodia. She has been selling cakes for more than ten years, earning approximately $5 daily. Her husband is a rice farmer who makes an income of $3 each day.
In order to improve her family’s finances, Run is requesting a loan of $1,500 to purchase materials to use for running an automobile painting business. This money will enable her to start a new business and generate more income to financially support the family. In the future, she would like to rebuild her house to make it more comfortable for the family.
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.