Chum Puo is 21 years old. She is married and resides with one child in Takeo Province, Cambodia. She has been working in a restaurant for more than four years, earning approximately $2 per day. Her husband (who is joining her in the picture) runs a phone shop. He earns about $25 per day. In order to improve her family’s finances, Chum Puo is requesting a loan of $1000 to purchase more phones to sell. This money will help her husband expand his business and earn more income to support the family. In the future, she would like to build a new house and send her child 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.