Srey Oun, age 30, has been working in a garment factory for over five years, earning about USD 3 per day. She and her husband live in Takeo Province with their two children. Her husband is a taxi driver who earns about USD 5 per day.
Due to the increased numbers of tourists in Cambodia, Srey Oun is requesting a loan in the amount of USD 1200 to purchase a Tuk Tuk for her husband, which he will use to provide public transportation service for tourists. This purchase will enable her husband to generate more income to support the family.
In the future, she would like to purchase a flat in Phnom Penh and to help her children get bachelor’s degrees.
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.