Khey P., age 37, is married with five children. She lives with her husband in Battambong Province. To make a living, she is engaged in a business of selling bread and dessert (jelly), typically earning US $5 per day. Her husband is currently employed in a private supermarket a security guard, earning an income of US $3.33 per day. Both of them have to work hard everyday to ensure a good living for their family and her five children. Consequently, she is seeking to increase her income and improve her business. She is asking for a loan of US $1000 to purchase more bread and vegetable to resell. With the remainders, she wants to repair her house. By doing so, she believes that she will be able to raise a good standard of living for her family.
KREDIT Ltd. 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.