Kimleang, 48 years old, is a farmer. Her husband is a taxi driver. Their income is about $7 per day. They have 5 children who are 26, 24, 22, 19 and 17 years old. None of them are in school but are working instead. Each of them can make $4 per day. Every month, Kimleang has to spend $83 on food, $15 on electricity, $60 on a house rental fee, $60 on transportation and $60 on other expenses.
She would like to request a loan of $1200 to buy a vehicle to transport things from the garment factory. If she could buy a truck to start this new career for her husband, then he will make more income to support the family.
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.