Sotheara, 25 years old, is a housewife. Her husband is a worker who earns $3 per day. They have one child who is 5 years old. Every month, Sotheara has to spend $30 on food, $5 on electricity, $10 on transportation and $10 on other expenses. She would like to request a loan of $1000 to buy a plot of land for farming. She wants to get a new career but now she doesn't know what she wants to do because she doesn’t have 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.