Him, 43 years old, is a firewood seller. Her husband is a guard. Their income is $3 per day. They have 4 children, two of whom are studying and two of whom sell souvenirs at Angor Wat temple in Siemreap. Their income is $9 per day. Every month, Him has to spend around $70 for all the expenses of the family.
She is requesting a loan of $1000 to buy farmland for doing farming. In the future, she wants to have a small store to sell groceries and firewood. She will try harder to send her last two children to study so that they can get a good job in the future.
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.