Touch, who is 52 year old, works as a farmer along with her husband. Their income is 2 USD per day. The couple has two children, ages 22 and 25, who work in a factory and each earn 2 USD daily. Every month, Touch spends 40 USD on food, 5 USD on electricity, 10 USD on rent, 20 USD on transportation, and 20 USD on other expenses.
Touch is requesting an 800 USD loan to buy a motorbike to commute to work. In the future, she plans to raise chickens at home because she is getting old and doesn’t have much energy for farming. Touch also wishes to send her children to study and learn a skill so they may have their own careers in the future.
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.