Sareth is 31 years old. She is single and lives with her father in Kampong Speu Province, Cambodia. She has been working in a garment factory for more than two years, earning approximately $5 per day. Due to problems with her transportation, Sareth is requesting a loan of $500 to purchase a motorbike for commuting to work. This purchase will help her reduce transportation expenses and go to work on time. In the future, she would like to rent a store in the market to run a tailoring shop and build a new house next year.
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.