Eng R., 48, is married and resides with her husband and two children in Seim Reap Province, Cambodia, an area known for the Angkor Wat temple.
R. is a housewife while her husband is a fishman, earning an income of about USD 7 per day. R. has to spend USD 30 on food, USD 10 on electricity and water supplies, and USD 45 on other necessary expenses every month.
R. is requesting a loan of USD 300 to purchase a fishing boat for her husband to improve his business. In the future, she would like to use any additional profit to repair her house. This is her third loan fR. 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.