Rouen, 56 years old is a vegetable seller. She has three children and they are 23, 20, and 19 years old. All of them are working in a factory, They can earn $2 per day for each. Every month, Rouen has to spend $50 on food, $5 on electricity, $10 on rent house fee, $20 on transportation, $20 on other expenses. She would like to request a loan of $1000 to buy a motorbike for her son to use to travel to work. When she can save some money from selling vegetables, Rouen wants to build a place to feed chickens at home and also to send her children to school to get a specific skill so that they will be able to support themselves.
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.