Pleav, 46 years old, is a pig feeder who earns $5 per day. Her husband is a road repairer who earns $5.50 per day. They have two children, both of whom are studying. Every month, she has to spend $99 on food, $10 on school fees, and $10 on other expenses. She would like to request a loan of $600 to buy pigs to feed. This loan can help her family to have enough money to buy pigs to feed because they don’t have enough money to buy them. If they borrow from their neighbor, they have to pay a lot of interest. She plans to feed more pigs when she earns a good profit this time. For her children, she wants to help them to study at the university when they finish high school.
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.