Theng, 47 year old, is a cake seller. Her husband is a farmer. Their income is $7 per day. They have six children; three are studying and the other three are working as laborers. Every month, she has to spend $42 on food, $40 on school fees, and $10 on transportation. She would like to request a loan of $1000 to buy farmland to have a field. She wants to get a small shop to sell groceries at home and repair her house. More than that, she hopes to send all of her family to study until they finish university.
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.