Mrs. Phin C. is a 44-year-old widow living in Phnom Penh with her 4 children. She works selling scallops along the roadside and her children help with her business. This loan will be used to purchase more scallops for selling, and also to buy a motorbike so that she can transport her product to different markets.
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.