Mrs. Mich M., 54, is married and lives with her husband (who is pictured because Mrs. Mich M. was unavailable) and five children in Kampong Cham province, Cambodia. She works with her husband on their rice paddy growing rice crops, earning collectively around $2/day. Three of her children work at a garment factory, earning together $150/month. Another one is unemployed and the other is a student. Mrs. Mich M. hopes to use this loan to purchase a motor-bike for one of her children to operate a motor-taxi business. With the help of the loan, her family will have another source of income.
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.