Marng S., 37, is a widow and resides in Kompong Cham Province. To make a living, she is engaged in a business of selling groceries in her village, earning approximately an income of US $10 per day in revenue. She has to work hard everyday to ensure a good living for her family, and her standard of living is improved since she starts her current business. Therefore, she is asking for a loan of US $1200 to purchase more various kinds of grocery to expand her inventory and to satisfy all of her clients’ need. By doing so, she hopes she will be able to raise a good standard of living for her children.
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.