Sri, 56 years old, sells cakes and groceries. She earns 12 USD per day. She is a single mother who lives with three children. Two of her children work in the factory; each earns 2 USD per day. One more child stays home. Every month, she has to spend 100 USD on food, 5 USD on electricity, 20 USD on transportation, and 20 USD on other expenses. She would like to request a loan of 800 USD to buy a motorbike for her son to provide motor taxi services. She plans to open a tailoring shop for her daughter 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.