Then, 48 years old, is a palm sugar seller with $4 per day for her income. She is a single mother who lives with one mother and one daughter. Her daughter is working in the factory as a garment worker for $4 per day. Every month, she has to spend around $50 on other expenses for the family. She would like to request a loan of $1,200 to buy a motorbike and buy a stock of rice to sell. She hopes to make more income so that she will be able to help her daughter start a small tailoring shop at home to make more income and be able to pay loan off quickly.
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.