Saran, age 21, operates a grocery store business. She has run her business for over a year and earns about $10 per day. She lives with her husband and their one child in Takeo Province, Cambodia. Her husband helps her run the business.
In order to improve her family’s livelihood, Saran is requesting a loan of $1,000 to purchase an assortment of groceries and beverages to offer for sale. This purchase will help her earn more profit.
In the future, she would like to expand her business and ensure her child's education. Moreover, she hopes eventually to build a new house 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.