Art is 47 years old. She is widowed and blessed with three children in Kampong Chhnang Province, Cambodia. She has been selling fish for more than twenty years, earning approximately $7 daily. Due to the difficulty in her family’s transportation, Art is requesting a loan of $1200 to purchase a motorbike for commuting. This purchase would enable her to use the saved money from her transportation expenses to support the family. In the future, she would like to expand her business and send her children to a good school.
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.