Pheap is 59 years old. She is married and resides with three children in Kampong Speu Province, Cambodia. She is a housekeeper. Her husband is a construction worker who makes an income of $5 daily. Her children are employed. They are garment workers and a construction worker. They earn about $16 per day.
Due to the difficulty in her family’s transportation, Pheap is requesting a loan of $700 to purchase a motorbike for commuting. This purchase will help her reduce her transportation expenses. In the future, she would like to purchase more construction tools to be able to build bigger construction and fix her house.
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.