Len, 50 years old, sells sweets and can earn $4 per day for her income. Her husband is a policeman and earns $2 per day. She has three children. One is studying and the other two are working in the factory, with $6 per day for all. Every month, she has to spend $30 on food, $7 on electricity, $12 on rent house fee, $7 on school fee, $10 on transportation and $15 on other expenses.
She would like to request a loan of $800 to buy coffee beans and other necessities for her daughter to sell coffee from home. This loan will help her daughter to have her own career to support herself and the family also.
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.