Srey, 46 year old, is a housewife. Her husband is a construction worker with an income of $5 per day. She has three children. Two of her children are studying ,and one is working in the factory with an income of $2.5 per day. Every month, she has to spend $100 on food, $5 on electricity, $10 on school fees, and $10 on other expenses. She would like to request a loan of $500 to buy grocery goods to sell at a primary school. This loan will help her to get a career that can help her husband to make income for supporting the family.
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.