Pearun, 31 years old, is a garment factory worker earning $2 per day. Her husband is a chief of construction workers earning $3 per day. They have three children; two are studying and one more still too small to send to school. Every month, Pearun has to spend $30 on food, $2 on electricity, $10 on school fees, $3 on transportation, and $10 on other expenses. She would like to request a loan of $1200 to buy a motorbike for her husband to use to get to work. She plans to repair her house 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.