Sinorn, 31 years old, is a grocery seller and also has a small coffee shop at home. Her husband is a motor taxi driver. Their income per day is $8. They have two children, 7 years old and 1 month old.
Every month, she has to spend $46 on food, $5 on electricity, $10 on school fees and $5 for other expenses.
She would like to request a loan of $1,000 to buy more things to sell in the grocery store. Before, she sold vegetables in the market, but the price of renting a store there was so expensive that she could not make profit from it, so she decided to stop and start selling groceries at home with her small savings. Now her career is better than before. She has more things to sell but still not enough for her customers, so she would like to buy some more for her customers' needs.
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.