Vouen, aged 45, is a worker. She is a single mother with three children, one of whom is studying while the other two work in a factory. This family can earn income of $10 per day. Every month, she has to spend $65 on food, $4 on electricity, and $10 on school fees. She would like to request a loan of $1000 to buy a motorbike for her son to travel to work. She plans to get a small store in the market so her daughter can sell groceries instead of working in the factory: after her son finishes high school she wants him to study motorbike repair. She expects their daily income can support her children and achieve her plans.
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.