Pov, 50-years-old, is a food seller who earns $10 per day. Her husband is a taxi driver who earns $10 per day. This couple has four children: two are studying, one is a tailor who earns $2.5 per day and the other one is at home. Every month she has to spend $60 on food, $10 electricity, $30 on school fees and $10 on other expenses. She would like to request a loan of $1000 for her daughter to get blood tests and other services for her to work in Korea. She plans to buy a new car for her husband's taxi service because his car is old.
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.