After her housework, she takes time to braid cotton scarves, which normally earns her around $1 a day in profit.
Two of her daughters work in the factory and earn $4 a day. Another one sells sugarcane juice in front of the factory and typically makes $5 of income.
Now Mrs. Pin A. is looking for a loan from Kiva for about $900 to purchase a motorbike and a machine (this machine people use to squeeze sugarcane in order to extract the juice) to help cover the living expenses.
About KREDITKREDIT 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.
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Success!! The loan was 100% repaid