Aun, pictured with her husband, is 46 years old. She is married and resides with three children in Takeo Province, Cambodia. She has been selling cakes for more than ten years, earning approximately $3 per day. Her husband is a carpenter who makes an income of $4 each day. Two of her children are employed. They earn about $5 daily.
To improve her husband’s business, Aun is requesting a loan of $1,300 to purchase more carpentry tools to use in his business. This money will help him obtain enough tools to use and produce furniture faster.
In the future, she would like to expand the business and help her youngest child earn higher education. Moreover, she wants to build a new 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.