Gnek, 21 years old, resides in Siem Reap Province, an area full of ancient temples. She sells vegetables, fish and pork and earns $5 per day. Her husband is a construction worker earning $5 per day. This couple has one children and he is two years old.
Every month, she has to spend $75 on food, $5 on electricity, $10 transportation, and $10 on other expenses. She would like to request a loan of $1200 to buy a motorbike for the use in the family. She wants to repair her house to be better for her family to live in. For her children, she will working hard to support them to study and at least finish high school.
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.