P. and her husband are blessed with three children; two of them are enrolled in a local high school, and another one is employed in a garment factory. Her husband operates a business on his own as a door mat seller who has to travel long distances in his province and other nearby places to sell his products. He usually earns around US $9 per day.
P. really wants to take a loan of US $1000 to purchase more door mats for husband to expand his inventory to sell to his customers. By doing this, she hopes that her husband will be able to generate a better income to cover her family's expenses as well as to save to cover her children’s future education.
About KREDITKREDIT 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.
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