Samun, 49 years old, is a weaver. She is a single mother with one daughter and she is also a weaver. They both can make $4 per day for their income.
Every month, she has to spend $40 on food, $5 on electricity, $15 on transportation and $15 on other expenses.
She would like to request a loan of $400 to buy silk to weave and sell to get more income. She wants to extend her business to make more products and sell to other provinces. She also wants to repair her house because now it is not in good condition.
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.