Sari, 45 years old, is a food seller and earns $3.50 per day. Her husband is a farmer and earns $4 per day. They have three children, one of whom is studying and the other two are working, which earns the family another $9 per day. Every month, she has to spend $40 on food, $10 on electricity, $15 on school fees, $10 on transportation, and $10 on other expenses.
She would like to request a loan of $700 to buy a camera to be a photographer. This loan will help her family to have a new career that can better support the family. She wants to repair her house when she has enough money.
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.