Huy N., 61, is a widow and resides with her child in Kampong Cham Province, Cambodia, an area known for it's rubber plantation. N. sells traditional cakes, earning an income of USD 5 per day. Her child is a motor-taxi driver and earns an income of USD 6 per day. N. is requesting a loan of USD 1000 to purchase a new motorbike for her child to operat, making his business more efficient. In the future, she would like to use any additional profit to repair her house. This is her second 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.