Savouen, 43 year old, is selling food in the market. Her income is $8 per day. She is a single mother with four children. Two of the children are studying and the other two are working with an income of $2 per day. Every month she has to spend $40 on food, $30 on school fees, $30 on transportation, and $10 on other expenses. She would to request a loan of $500 to buy construction materials to build a small shop for her son to do car polishing. In the future, she would like to send the rest of her children to study at the university so that they can have a good job to do.
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.