Meach C., 43, married and living with four of her children in Kampong Cham, Cambodia has been selling fish at the market since 1990 to earn a living, making about $7.50 in profits each day. Her husband, You Heang, 47, is a motor-taxi driver who typically makes $3 per day. Two of their children work in construction building houses to help support the family and are able to make $5 per day.
Meach is requesting a loan to purchase a motorbike to transport the fish she sells to market and increase the volume of fish sold. The motorbike will help reduce the expense she incurs everyday using a motor-taxi.
Meach is pictured with her husband in her home.
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.