Seoung is married and resides with her children in Takeo Province, Cambodia. Seoung and her husband are farmers who sell fruit. They earn an income of $1 each per day to help cover the family expenses. The standard of living has been improved since Seoung has had this business. She is requesting a loan of $1200 to purchase a new motorbike for her children to commute to work. This is her first loan from CREDIT, a partner of Kiva.
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.