Sok Nan is 29 years old. She is single and resides with her parents in Kampong Chhnang Province, Cambodia. She has been selling vegetables for more than six years, earning approximately $12 per day. Due to the difficulty in her family’s transportation, Sok Nan is requesting a loan of $500 to purchase a motorbike for commuting. This purchase would enable her to use the saved money on her transportation expenses to support the family. In the future, she would like to expand her business and rebuild her present house to make it more convenient for her family.
KREDIT Ltd. 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.