Nang, 45 years old, sells cakes and food. Her husband is a farmer and their income is $9 per day. They live with one child and one grandson. Every month she has to spend $50 on food, $30 on transportation and $10 on other expenses. She would like to request a loan of $700 to buy goods and materials for making more food and cakes to sell. In the future, she hopes to have enough money to repair her house to be better than it is now.
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.