Sunneang, 42 years old, is a grocery and food seller who earns $6 per day. Her husband is motorbike taxi driver who earns $5 per day. They have five children who are all working, two work in the garment factory earning $5 per day.
Every month, Sunneang has to spend $60 on food, $5 on electricity, $15 on school fees, and $5 on other expenses. She would like to request a loan of $900 to buy a new motorbike for her husband’s business. She hopes to get a good profit from her grocery store and will expand her business.
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.