Leap is 42 years old. She is married and resides with two children in Takeo Province, Cambodia. She has been selling vegetables for more than ten years, earning approximately $8 per day. Her husband helps her run the business. One of her children is a garment worker who earns about $4 per day.
Due to the difficulty in her family’s transportation, Leap is requesting a loan of $1000 to purchase a motorbike. This purchase will help her reduce their transportation expenses and carry the vegetables to sell faster and in larger amounts. In the future, she would like to expand her business and help her child earn a bachelor’s degree. 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.