Vuon S., 30, is married and lives with her husband in Phnom Penh. She works as a grocery seller with her husband. They typically make $5 US profit a day. This couple has two young children. Vuon S. is asking for a loan of $1000 US she needs to reinvest in her grocery store. The rest will be used to purchase a motorbike for family transportation.
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.