Sokghet, 38 years old, is selling fruit. Her husband is a construction worker. Their income is $10 per day. She has three children. They are 12, 8 and 4 years old. Every month she has to spend $30 on food, $6 on electricity, $10 on school fees, $50 on transportation, and $20 on other expenses. She would like to request a loan of $1,000 to buy a motorbike to transport fruit to sell. In the future, she wants to extend her store to sell more kinds of fruit 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.