Prouen, 50 years old, is a housewife. Her husband is a farmer with $3 per day for his income. She has five children, three are studying and other two are working making $3 per day each. Every month, she has to spend $30 on food, $4 on electricity, $12 on school fees, $3 on transportation, and $10 on other expenses. She would like to request a loan of $500 to buy a motorbike for her children to use traveling to study. In the future, she wants to raise animals like pigs or chickens at home so that she can help her husband earn some money to support the family.
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.