Chantha, 39 years old, is a vegetable seller. Her husband is a blacksmith. Their income is $7 per day. She has three children. Two of the children are studying at school. Every month she has to spend $50 on food, $15 on electricity, $10 on school fees, $20 on transportation, and $20 on other expenses. She would like to request a loan of $1,000 to buy materials to expand her husband's career. In the future, she plans to get a bigger shop for her husband so that doing his career will be easier than now. For her children, she expects to send them to study at the university after they finish high 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.