Sreymom, 44 years old, is a farmer earning $2 per day. Her husband is a soldier earning $5 per day. They have three children; two are studying and one is working in a company earning $2 per day. Every month, she has to spend $70 on food, $10 on electricity, and $14 on school fees. She would like to request a loan of $1000 to buy a motorbike for her husband to use to get to work. She wants to support her children to study at least until they 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.