Nen K., 37, is married and lives with her five children in Takeo province. She stays at home making and selling cow bells to sell in the local market, and earns less than $1 USD per day. Her husband is a middle man who sells motorbikes, and also a motor-taxi driver. He typically makes about $5 USD per day. Nen K. would like a loan of $700 USD for her husband to replace his old motorbike.
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.