Thai is a farmer, and her husband sells palm sugar. Their income amounts to $8 a day. Every month Thai must spend $50 on food, $20 on electricity, $10 on school fees, and $20 on other expenses.
Thai is requesting a loan of $1000 to buy rice to sell when prices are up. She has been in this business for about ten years and has many customers. She hopes to grow her business by buying more rice to sell when prices are up.
About KREDITKREDIT 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.
164View loans »