Pheap is 49 years old. She is married and resides with five children in Kampong Chhnang Province, Cambodia. She has been selling pork and fish for more than five years, making an income of $5 daily. Her husband is employed in an ice producing company. He makes an income of $4 per day. Three of her children are employed. They make an income of $13 each day. In order to improve her family’s finances, Pheap is requesting a loan of $700 to purchase more pork and fish to sell. By doing so, she would make more profit to financially support the family. In the future, she would like to purchase a store in the market and help her children earn a bachelor’s degree. In addition, she wants to improve her house to make it more comfortable 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.