Mrs. Hak S., age 49, is a widow and works cooking Khmer food to sell to the people in her area, making on average around $5 each day. She has three children, one who is a student and the rest of whom are mechanics running a car repair shop, making collectively around $8 each day in revenue. She would like to request this loan of $1200 in order to purchase more spare parts and car paint to use for fixing and painting cars for their clients.
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.