Noun, 38 years old, is a farmer and pig seller. She earns $1.50 per day. Her husband is a construction worker who earns $4 per day. They have four children; two are studying and two more work in a garment factory. Each earns $3 per day. Every month, she has to spend $30 on food, $5 on electricity, $10 on rent/a house fee, $8 on school fees, $13 on transportation and $15 on other expenses. She would like to request a loan of $1200 to buy pigs to feed and sell. The rest of the money she will keep for her daughter's wedding. She wants to feed more pigs so she can make a good profit at this time.
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.