Re, 48 years old, is a fish seller earns $6 per day. Her husband is a fisher and earns $4 per day. They reside with one child and he is working as a construction worker earning $4 per day. Every month, she has to spend $40 on food, $7 on transportation, and $20 on other expenses.
She would like to request a loan of $800 to buy a boat and fishing equipment for fishing. This family did not want to change their career because they have been doing it for long time and can make a good income 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.