Chea S. is 52 years old and lives with her husband and three of her children in Kandal province. To earn a living, she has been making and selling cakes in the local market and is able to make about US$6 every day. Her husband is a farmer, typically making US$1 a day. This couple also gets support from two children who are garment factory workers. Chea S. is asking for a loan of US$700 to purchase a motorbike for her children to commute to work.
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.