Sok L., 54, is married and resides with her husband and four children in Kampong Chnang Province, Cambodia, an area known for palm products. L. is a vegetable seller, earning an income of USD 13 per day. L. has to spend USD 90 on food and USD 45 on other necessary expenses every month.
L. is requesting a loan of USD 1000 to purchase a motorbike for the family use. In the future, she would like to use any additional profit to repair her house. This is her third 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.