Boreth, 60 years old, is a food seller. She is a single mother with four children, 25, 17, 16 and 15 years old. Two of her children are working and two are still studying.
The income of this family is $10 a day.
She would like to request a loan of $400 to buy beer to sell with the food she is selling every day. She plans to open a beer shop and sell the food or groceries together to make more profit to support her family and be able to send her children to study until they finish high school.
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.