Savoeurn, 49, is married and resides with her husband and four children in Takeo Province, Cambodia. She and her husband have been involved in growing agricultural crops for over twenty years, have an extensive experience and are successful in their career. They earn approximately USD 3 per day. Additionally, her husband runs another business of breaking rock from the mountain to sell to generate extra income for the family. He can earn approximately USD 3 per day. Savoeurn's son is an excavator driver who earns approximately USD 5 per day.
Due to the difficulty in traveling to work, Savoeurn is requesting a loan of USD 1000 to purchase a motorbike for her husband to use to commute to work. In the future, she would like to buy modern tools for her husband to break the rock from the mountain to sell and send her children 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.