Mrs. Kung M. is 49 years old, married and a mother of 5 children. She lives with her husband in the Prey Veng province, Cambodia, where she and her husband together sell beef / pork rice and porridge to the people in her area. This business activity provides her with an average of around $5 in revenue per day. Meanwhile, one of the children runs a small booth at a market selling women’s handbags and the rest of her children are enrolled school. Mrs. Kung M. currently needs to expand her business by purchasing more food supplies and more utensils in order to meet her clients’ needs. In the future, she hopes to save enough money for her children’s education.
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.