Meas S., 57, lives in Takeo province with his wife. To earn a living, he works collecting palm juice to refine into palm sugar. With this business, he is able to make US$1.80 per day. His wife, Kim Net, 49, raises animals and makes US$1 every day. This couple have four children, two are in school and two are garment factories workers. Meas S. would like to take out a loan of US$700 to purchase a motorbike for one of her children to operate a moto-taxi service.
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.