Eum is 64 years old. She is widowed and resides with four children in Takeo Province, Cambodia. She is a homemaker who receives support from the children. All of her children are employed. They are garment workers and waiters. Together, they earn approximately $12 per day.
In order to improve her family’s economy, Eum is requesting a loan of $1,000 to purchase a tuk tuk (a motorcycle pulling a passenger trailer or a three-wheeled motorcycle taxi) for her son to run a public transportation service. This purchase would enable her son to generate more income to support the family.
In the future, she would like to rebuild her present house to make it more comfortable for the family.
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.