Sambath, age 37, is married and resides with her children in Kampong Chnang Province, Cambodia.
Sambath is employed at the factory, earning an income of $3 per day to help cover the family expenses. The family is also assisted by her husband who is a mechanic, earning an income of $10 per day.
The standard of living has been improved since the family has had these businesses.
She is requesting a loan of $600 to pay for her children’s administration fee to work in South Korea. This is her second loan from CREDIT, a partner of Kiva.
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.