Meoun L., 34, is married and lives with her husband and two children in Siem Reap Province, Cambodia, an area known for its Angkorean Temples.
L. sells Cambodian noodles for an income of USD 5 per day. Her husband sells ice-cream, earning an income of USD 7 per day. She is requesting a loan of 800 USD to purchase more ice-cream boxes to expand her husband’s business. This is her second loan from CREDIT, a long-standing Kiva partner in Cambodia.
In the future, L. would like to use any additional profits to support her children’s study.
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.