Nang is 24 years old. She is married and resides with two children in Siem Reap Province, Cambodia. She is a homemaker. Her husband runs the business of purchasing charcoal to resell. He earns about $10 per day. Nang is requesting a loan of $600 to pay for repairing her husband’s vehicle, which is used for transporting charcoal to sell. This money will help her husband provide his product faster to the clients. In the future, she would like to expand the 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.