Oun, 37 years old, is a housewife. Her husband is a farmer, earning the income of $2 per day. They have four children; two are studying, and two more are working in the factory with $5 per day in income for all. Every month, she has to spend $70 on food, $9 on electricity, $6 on school fees and $10 on other expenses.
She would like to request a loan of $700 to buy rice seeds and fertilizer for farming. This couple does not want to change their career, and they enjoy doing farming. In the future, she only wants to support the rest of her children to study in the university.
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.