So is farmer with an income of $1.60 per day. She is a single mother with one son; he is a goldsmith with $4 of income per day. Every month, she has to spend $35 on food, $3 on electricity, $5 on transportation and $10 on other expenses.
She would like to request a loan of $400 to buy equipment for her son to decorate gold well. She did not want to do anything besides farming but she wants to enlarge her son's career to get a good shop and have enough equipment for his work.
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.