Bun E., 58, is a local teacher who lives with her husband and four of her children in Takeo province. She is able to earn US $2.50 per day, while her husband, a village chief, earns US $1 per day. This family is supported by their four children who work in garment factories. Bun E. now wants to take out a loan of US $1,200 to breed cows.
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.