Yory, 45 years old, is a grocery and food seller who earns $8 per day. Her husband is a pig feeder and he buys wholesale cashews. He earns $9 per day. They have four children: one is studying and the other three are helping their father to buy and sell cashews. Every month, Yory has to spend $83 on food, $16 on school fees and $10 on other expenses. She would like to request a loan of $1100 to buy wholesale cashews to resell. She wants to buy more kinds of grocery goods 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.