Nen is a cake seller and earns about $3 per day. Her husband buys and sells cattle and earns about $5 per day. She lives with only her husband and one grandson because all of her children got jobs to do and they left home. Every month, she has to spend $30 on food, $5 on electricity, $15 on transportation and $13 on other expenses. She would like to request a loan of $1,200 to buy cattle for resale. This loan can help her husband to continue his career. She hopes her career of selling cakes will get good profit forever.
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.