Meay Y., 47, sells small vegetables at a local market in Phnom Penh, Cambodia. She is married with two children, who are still living at home. Her husband works as a motor-taxi driver. She typically earns around US$6 each day. She is requesting a loan of US$700 to replace an old and unreliable motorbike for her husband. The old one uses a lot of gas and needs to be fixed often which costs a lot of money.
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.