Mon is 45 years old. She is married and resides with two children in Kampong Chhnang Province, Cambodia. She has been selling groceries for more than ten years, earning approximately $5 per day. Her husband helps her run the business. Her children are employed at a garment factory. They earn about $6 daily. In order to improve her family’s living condition, Mon is requesting a loan of $1,400 to purchase more groceries to sell. This purchase will help her generate more income to support the family. In the future, she would like to expand her store and rebuild her house to make it more comfortable for her family.
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.