Channy, 49 years old, is a grocery seller who earns $5 per day. Her husband is selling food earning $3 per day. They live with only one child, he is 18 years old. He helps her to sell the groceries at home. Each month, she has to spend $83 on food, $5 on electricity, and $5 on transportation. She would like to request a loan of $1000 to buy more groceries to sell in her shop. She started this career about 7 years ago and she is able make some income to support the family, so she wants to extend her shop when she has enough money.
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.