Borey, 24 years old, is a garment factory worker who earns $4 per day. Her husband is also working in the factory earning $4 per day. They have four children. Two of the children are studying and the other two are staying at home. Every month, she has to spend $90 on food, $20 on electricity, and $40 on school fees. She would like to request a loan of $800 to buy a motorbike for traveling to work. She doesn’t want to change her job because she doesn’t have knowledge to do another job beside this. She wants to support her children to study and at least 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.