Rim is 40 years old. She is a married woman who has three children at Odong, Kampong Speu Province, Cambodia. She is a factory labourer and her husband is a soldier. Both of them can earn approximately $9 per day.
Now, Rim would like to apply for loan of $1,500 (USD) to purchase a motorbike for commuting. This loan will help her to reduce her family’s transportation expenses. In the future, she hopes that she can build a new house and her children can get high school diplomas.
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.