Leang, 37 years old, is a policeman and earns $3 per day. His wife is an animal seller and earns $3 per day. This couple has four children, three are studying and one is too young to go to school. Every month, he has to spend $30 on food, $10 on electricity, $10 on school fees, and $10 on transportation. He would like to request a loan of $1,200 to buy more pigs to feed. Leang doesn’t want to do other things besides his current job and feeding pigs at home because he wants his wife staying home to take care of the children.
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.