Sinan is 32 years old, a married woman with three children. All of her children are students. She is a sweet ground bean juice seller and she has been in this business for many years. Her husband is a motor taxi driver. They live in Kompong Speu Province, Cambodia. Both of them can earn approximately $17 per day. Now she would like to request a loan of $1,500 to buy a newer motor for her husband to run as a motor taxi because her husband’s present motor is old. This loan will help her husband earn more income by using the newer motor.
In the future, she wants to buy another motor for selling sweet ground bean juice in the village, fill the soil around her house and support her children to go to university.
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.