Nary, 30 years old, sells food. Her husband is a construction worker, and their income is $15 per day. She has three children, 10, 6 and 3 years old. Two are studying.
Every month, she has to spend $40 on food, $8 on electricity, $15 on school fees, $10 on transportation, and $20 on other expenses.
She would like to request a loan of $500 to buy more grocery goods to sell so that she can make more income. In the future, she wants to extend her food store to sell more food, and with the income she gets from her business she wants to repair her house.
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.