Toeun is a 65-year-old farmer. With her husband, they earn $4 per day. They have two children, one is studying and one is a construction worker who earns $3 per day. Every month, she has to spend $80 on food and $20 on school fees. She would like to request a loan of $600 to buy a hand tractor to transport firewood to sell. This loan will help her family to have a hand tractor that they can use for farming, to rent to the villagers, and to transport firewood to sell.
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.