Sovanna, 41 years old, is a fish paste seller. Her husband is a motor taxi driver. Their income is $7 per day. She has five children. Three of the children are studying and two more are working as MPAs with $2 income per day. Every month she has to spend $90 on food, $7 on electricity, $20 on school fees, and $10 on transportation. She would like to request a loan of $800 to buy a motorbike for her son to travel to work. She wants to repair her house when she has enough money, and extend her career by making more fish paste to sell. For her children, she will help them to study and at least finish secondary school.
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.