You L. is 27 years old and lives with her young child and her husband in Takeo province. Since 2004, she has been working as a garment factory worker and is able to make about US$2 each day. Her husband is a motor-taxi driver and he typically makes US$3 each day.
You L. is asking for a loan of US$500 to make a new investment. She would like to purchase rice in bulk to obtain a special discount and resell at the market.
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.