E. Mary is 36 years old and lives with her husband in the Phnom Penh province. Since 2008, she has been selling fish in the local market to earn a living and is able to make about US$2 per day. Her husband is a recycler and sometime he takes his time to operate a moto-taxi business. On average, he makes US$2 a day. E. Mary is asking for a loan of US$500 to reinvest in her fish business and the rest is use to expand her husband’s recycling 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.