Saroem is 58 years old. She is married and resides with five children in Kampong Chhnang Province, Cambodia. She has been cultivating rice and fattening up animals for more than ten years, earning approximately $2 daily. Her husband (who is joining her in the picture) helps her run the business.
Four of her children are employed in a garment factory. They earn about $12 each day. Due to the difficulty in her family’s transportation, Saroem requests a loan of $1,000 to purchase a motorbike for commuting. This purchase will help her reduce the transportation expenses and help her children go to work on time.
In the future, she would like to expand her farming business and rebuild her house to make it bigger and much stronger for her family.
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.