Sothy is 53 years old, is married and has four children, two of whom work in a factory making $5 per day each. Sothy sells fish paste with her husband and makes an income of $8 per day. Every month, she spends $117 on expenses. Sothy is requesting a loan of $1,000 to buy more fish paste to sell. She has been in this business since 2007 and has a lot of customers. With her income, she would like to repair her house.
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.