La, 45 years-old, is making baskets to sell. Her husband is a car driver and their income is $9 per day. She has four children. Two are studying and the other two are working in a restaurant earning $2 a day each. Every month, she has to spend $70 on food, $15 on electricity, $40 on school fees, and $30 on transportation. She would like to request a loan of $200 to buy material for making baskets. She like her career and wants to sell more baskets if she can have enough money to buy from other makers.
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.