Nang, 42 years old, is a cake seller. Her husband is doing plantation. Their income is $10 per day. They have 4 children, one is studying and 2 are working in the factory. Their daughter has her own hairdresser shop.
Every month, Nang spends $40 on food, $10 on electricity, and $10 on other expenses. She would like to request a loan of $700 to buy equipment for her daughter's shop. She plan to help her daughter to run her shop well, and will extend the shop when it develops. For her child who is studying, she will always support him if he wants to continue university.
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.