Chorn, 41, is married and resides with her husband and six children in Takeo Province, Cambodia. She has been selling sweet cake for over six years, earning approximately USD 2 per day. Her husband runs a public transportation service (motor taxi). He earns about USD 5 per day.
In order to improve her family’s livelihood, Chorn is requesting a loan of USD 400 to purchase a Tuk-Tuk for her husband to run a taxi service. This purchase would enable him to earn more income to support the family.
In the future, she would like to run groceries store at home and help her children get bachelor’s degree. Moreover, she hopes to rebuild her present house to make it bigger and more convenient for her family’s living condition.
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.