Lout is 54 years old. She is married and resides with four children in Kampong Speu Province, Cambodia. She has been involved in cultivating rice and fattening up animals for more than ten years, earning approximately $2 daily. Her children are employed. They are garment workers and a construction worker. They earn about $20 each day.
In order to improve her family’s finances, Lout is requesting a loan of $1,500 to purchase a motorbike and a trailer to run a delivery service. This purchase will help her to generate more income for the family. In the future, she would like to rebuild 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.