Cheung M., age 33, is married and lives in Prey Veng, about 80 miles from Phnom Penh, the capital of Cambodia.
Mrs. M. typically makes $8 each day by selling vegetables in the village. Her husband, Rous Phirun, age 34, is a security guard who makes $2 each day. This couple has four children, one of whom is employed as garment factory worker with a salary $60 per month.
Cheung would like to take a loan of $800 to purchase a motorbike for her husband for commute to work. The motorbike will cost around $600. With the remaining $200, she will repair the leaky roof of her house.
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.