Tang Oan is 24 years old. She is married and resides with one child in Kampong Chhnang Province, Cambodia. She has been working in a garment factory for more than a year, earning approximately 3 USD per day. Her husband is a firewood vendor. He earns about 6 USD daily. Tang Oan is requesting a loan of 1,200 USD to purchase a motorbike for her husband to use for transporting firewood to sell. This will help her husband generate more income for the family. In the future, she would like to purchase a small truck for transporting firewood 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.