Srey is 36 years old. She resides in the Kampong Chnang province of Cambodia, an area known for palm products. Srey is employed at a garment factory, earning an income of USD 3.33 per day to help cover the family's expenses. Her husband operates a motorbike with a trailer attached to provide transportation services, earning an income of USD 5 per day. Each month, the family has to spend USD 70 on food and USD 40 on other necessary expenses.
Srey is requesting a loan of USD 1200 to purchase a new motorbike for her husband to operate his business more efficiently. This will be her second loan from CREDIT, a long-standing Kiva partner.
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.