Mrs. Poeun I., age 48, runs a butcher stand at the market, earning about $7.30 per day in revenue. Her husband is also a butcher and helps at the stand. They have four children, two of whom work in a garment factory making about $120 per month and two of whom are married and have moved away from home. She would like to request a loan of $1,200 to increase her inventory of pork and beef to meet her customers’ growing demands and expand her business.
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.