Kol, 23, is married, and resides with her husband and child in Takeo Province, Cambodia. She runs a grocery store at home. Her husband installs and repair speakers, and also rents speakers for wedding ceremonies and funerals. Kol is requesting a loan of $1000 to purchase a new motorbike for her husband to pull the cart which carries the rental speakers. In the future, she would like to expand her grocery store, build new wooden house, and send her child to a good school.
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.