Chantha is 33 years old. She is a mother of two children and resides with her husband in Takeo Province, Cambodia. She has been selling food for more than two years, earning approximately $8 per day. Her husband helps her run the business. Her children are still in her care. Due to the difficulty in her family, Chantha is requesting a loan of $1000 to purchase a motorbike to commute. This purchase will help her reduce her transportation expenses. In the future, she would like to expand her business and help her children earn bachelor’s degrees. Moreover, she hopes to rebuild her present house to make it bigger and more convenient for her 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.