Vana, 36 years old, is a garment-factory worker. Her husband is a basket seller and their income is $10 per day. They have three children, two studying and one working at Malaysia. Every day, she has to spend $50 on food, $6 on school fees, and $10 on other expenses. She would like to request a loan of $1000 to buy more kinds of baskets to sell and buy a cow to breed. If her husband can make a good profit then she would like to extend her husband's business to get more income for her children studying in the 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.