Mrs. Nim C. L., 27, is the mother of one child and a vendor of grocery products in front of her house. She typically makes an average of $3.60 a day. Her husband, Mr. Yet Pet, 46, is a motor- taxi driver who earns about $3 a day of profit. This couple plans to use the loan of $500 to purchase a vegetable stand at the market, which has a large number of potential customers.
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.