Phean is 27 years old. She is single and lives with her parents in Kampong Speu Province, Cambodia. She has been working in a garment factory for more than three years, earning approximately $4 per day. Due to the difficulty in her family’s transportation, Phean is requesting a loan of $1,000 to purchase a motorbike for commuting. This purchase will help her to easily commute to work. In the future, she would like to run her own tailoring shop and build a new house, if 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.