Oun M., age 52, is married and lives with her three children in Takeo province, Cambodia.
M. is a farmer, earning an income of 2 USD per day to help cover the family expenses. Her husband is employed at a non-governmental organization in the city, earning an income of 2 USD per day. Their standard of living has been improved since M. and her husband have had these businesses.
M. is requesting a loan of 600 USD to purchase a motorbike for her husband to use to commute to work. By doing so, she hopes that she will be able to cut back on public transportation expenses for her husband and save more money. This is her second loan from CREDIT, Kiva’s partner.
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.