Chantha is 42 years old. She is married and resides with four children in Kampong Speu Province, Cambodia. She has been cultivating rice and fattening up animals for more than ten years, earning approximately $1 per day. Her husband is employed in a rice mill. He makes an income of $5 each day. Two of her children are employed in a garment factory. They earn about $10 daily.
Due to the difficulty in her family’s transportation, Chantha is requesting a loan of $500 to purchase a motorbike for commuting. This purchase will help her reduce her transportation expenses and help her children commute to work easily. In the future, she would like to fix her house and help her children pursue higher education.
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.