Ny, 60, is a farmer. She is a single mother with six children; two are studying, three are working, and the last is a hairdresser; she has her own shop. This family can make $15 for their income per day.
Every month, she has to spend $99 on food, $10 on electricity, $30 on school fee, and $20 on transportation. She would like to request a loan of $1000 for supporting her daughter who has a hairdressing shop to buy some stuffs and equipments for using in her shop because only this career can make good benefit to support the family. In the future, she would like to extend her daughter's shop more bigger so that she can make more benefit.
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.