Yean, 57 years old, is farmer who also raises animals. Her husband is a rice seller and a fisherman. Their income is $9 per day. They have four children. Two are working in the factory and can make $8 per day for their income.
Every month, she has to spend $50 on food, $10 on electricity, and $15 on other expenses.
She would like to request a loan of $1,000 to buy a stock of rice for her husband to sell. Her husband has two careers, some time he go fishing but he sell rice is more often. His business is very successful as he is a good and honest man, so he can get a lot of costumers to buy his rice. Her husband has not yet made a plan to extend the business because he needs to survey the economic situation in his village and others.
She plans to repair her house when she can make more profit.
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.