Dorn U., 51, is married and lives with her two children and husband in Siem Reap Town, Cambodia. She and her husband are engaged in a business of selling firewood. They have operated this business since 1998 and are able to earn an income of US$2.5 per day. U. and her family members are seeking to improve their standard of living and generate a better income. Therefore, U. is asking for a loan of US$600 to purchase a motorbike for one of her children to commute to work in the town. This is her second loan from CREDIT, one of Kiva’s Field Partners. In the future, she hopes she will be able to open a souvenir shop for her children to earn an income on their own. She also wants to build a nice new house for her family, and to send her children to good schools. U. is pictured with her mother in the photo.
KREDIT Microfinance Institution Plc., 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.