Nuch, 57 years old, is a farmer with her husband. Their income is $3 per day. They have 4 children and all of them are working in the factory.
Every month, Nuch has to spend around $75 for every expense in the family. She would like to request a loan of $1000 to buy a Tok Tok (a motorbike with a cart attached). This will allow her son to earn money because his work earns a very small income. When she can save some money, she wants to get a place to feed the chickens at home. She would also like to send her children to school to get a specific skill with which they are 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.