Sokheng is a garment factory worker earning $2 per day. Her husband has a small shop to do electronic repairs from which he earns $6 per day. They have two children, one is studying and the other is too young to go to school. Every month, she has to spend $30 on food, $6 on electricity, $20 on house rent, $3 on school fees, and $7 on other expenses. She would like to request a loan of $800 to buy equipment for electrical repairs to help her husband’s career. This loan will help her husband to have enough equipment that can provide better service to his customers. The couple plans to extend their shop and wants to open an electric repairing school so that they can make other income.
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.