Mrs. Loun S., 58, (her husband is pictured) is a housewife with two children, one who is married and living away from home and another who is a construction laborer earning $2 a day and living at home. Her husband works as a carpenter and earns $2.50 a day. In order to reduce costs, this couple is asking for a loan of $600 from Kiva to purchase a motorbike for commuting to work.
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.