Om T., 55, is a widow with one married child and resides in the Takeo province. To earn a living, she has been selling rice noodle and porridge in her community for about US$15 in revenue each day and is aided by her daughter who sells chickens at the market. Om T. is asking for a loan of US$1000 to purchase a motorbike for her daughter and leftover is reinvest in her business.
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.