Pouen, 44 years old, is a fish seller who earns $3 per day. Her husband is a fisher and earns $1 per day. This couple has four children: two are studying and two more are working, each earning $3 per day. Every month she has to spend $50 on food, $5 on electricity, $5 on school fees, $20 on transportation and $15 on other expenses.
She would like to request a loan of $1,200 to buy a motorbike for her daughter traveling to work. Before, this couple sold food and drink but that business was not good so they changed to sell fish. In the future she wants to sell more fish and will support 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.