Eoun O., 42, is widowed and resides with three children in Kampong Chnang Province, Cambodia, an area known for quality palm products.
O. is a fisher and sells her fish for an income of USD 5.30 per day. Two of her children are employed at a local garment factory for an income of USD 120 each per month to help cover the family expenses. O. is requesting a loan of USD 700 to repair the house. In the future, she would like to use any additional profit to open a hair dressing shop for her daughter. This is her first loan from CREDIT, a long-standing Kiva partner in Cambodia.
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.