Channy, 27 years old, is a garment factory worker who earns $3 per day. Her husband is a driver and earns $5 per day. The couple has one child who is one year old. Every month, Channy has to spend $63 on food, $10 on electricity, $12 on transportation, and $15 on other expenses. She would like to request a loan of $800 to buy potatoes to sell with her relatives. She plans to buy more potatoes to sell when she can find a good market.
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.