Tob I., 27, is married and lives with her husband and two young children in the Kampong Chnang province. Since 1999, she has been raising pigs to earn a living and is able to make about US $2.50 per day, while her husband has a business recharging batteries. He typically makes US $5 of income a day. Tob I. is asking for a loan of US $1,000 to make a new investment for her husband. Tob I. wants to buy technician tools for hI.. Before, her husband was a technician, so this time she wants her husband to start this kind of business in order to gain more income to support the family.
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.