Sreyoun, 33 years old, sells groceries and gas in front of her house, and earns $2 per day. Her husband sells salt and earns $3 per day. They have three childrE., two are studying and one more is too small to go to school. Every month, she has to spend $83 on food, $5 on electricity, $5 on school fees, and $3 on transportation.
She would like to request a loan of $600 to buy salt to sell. She wants to opE. a grocery store in front of her home bigger than the one she has now, and will sell more kinds of grocery goods so that she can make better 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.