Bun T., 42, is married and lives in Kampong Cham Province with her six children. Her husband moved to work in Phnom Penh City as a construction worker with an income of US$8 per day. She has made up her mind that she wants to take a loan of US$700 to create a business of selling groceries at her house with the assistance of her children. If she succeeds in her business plan, she will find a job suitable for her husband to work back in his hometown.
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.