March is 35 years old, and works in a shoe factory where she earns $3 per day. Her husband is a construction worker earning $2.5 per day. They have one child who is 10 years old and in school. Every month, she has to spend $66 on food, $5 on electricity, $15 on house rent, $2 on school fees, $10 on transportation, and $10 on other expenses. She would like to request a loan of $1200 to buy a motorbike for her husband to travel to work. She wants to buy a cow to feed, and get its baby to sell 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.