Sokha is a vegetable seller. Her husband is a worker who transports goods for others. Their income is $6 per day. She has four children. Two of the children are studying and one is working with an income of $2 per day. Every month she has to spend $66 on food, $5 on electricity, $10 on school fees, $15 on transportation, and $20 on other expenses. She would like to request a loan of $600 to buy a small car for transporting goods to others who need this service. In the future, she wants to have more cars to transport goods to others to make more income.
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.