Puth E. is 45 years old and lives with her husband and six of her children in Phnom Penh. She opened a small restaurant selling rice and coffee to earn a living. She is able to make US$10 in revenue every day. Her husband is a mechanic and earns US$4 per day. Two of their children are in school and four are employed in different work. Puth E. would like to take out a loan to purchase a sugar cane juice cart, a machine that can squeeze and produce sugar cane juice. This machine she will give to one of her children to run a business from home.
KREDIT Microfinance Institution Plc., 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.