Sreymao, 27 years old, is a weaver. Her husband is a worker. Their income is $9 per day. She has one child who one year old. Every month, she has to spend $30 on food, $6 on electricity, $25 on transportation, and $25 on other expenses. She would like to request a loan of $1,200 to buy a cow for feeding to get its baby to sell. Before, she was a farmer but she uses her free time from farming to weave to makes skirts to sell. Now she only weaves at home because she has to take care of her children.
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.