Touch, 38 years old, is a farmer. Her husband plants corn to sell; their income is $8 per day. They have four children, aged 21, 15, 13, and 3 years old; two are studying and one is working in a factory. Every month, Touch has to spend $27 on food, $10 on electricity, $7 on school fees, $15 on transportation, and $15 on other expenses. She would like to request a loan of $1200 to buy a corn throwing machine to help make her husband’s career easier. Her husband wants to buy more land on which to plant other fruit to sell to earn more profit as their children will need a lot of money for their schooling.
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.