Noun, 52 years old, is a grocery seller at home, and earns $5 per day. Her husband is a driver and earns $5 per day. They have five children, two are studying and the other three are working, earning $2 per day each. Every month, she has to spend $66 on food and $10 on other expenses.
She would like to request a loan of $1000 to buy more grocery goods to sell. This loan can help her to buy different kinds of goods to sell that can make more income. She wants to extend her grocery shop when she has enough money. For her children, she wants 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.