Mom is a garment factory worker. Her husband is a blacksmith working in one shop. Their income is $7 per day. She has one child who is two months old. Her family lives with her mother. Every month she has to spend $35 on food, $10 on transportation, $5 on electricity and $25 on other expenses. She would like to request a loan of $300 to buy a motorbike for traveling to work. In the future, she wants to get a small shop for husband to be a blacksmith by himself.
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.