Saroth is 30 years old. She is married and resides with her husband and two children in Takeo Province, Cambodia. She and her husband have been selling vegetables for over seven years, earning approximately $6 per day.
In order to improve her family’s living conditions, Saroth is requesting a loan in the amount of $1,000 to raise capital for her business in order to purchase more vegetables to sell. By doing so, she would generate greater profit to support the family.
In the future, she would like to use the additional profit to expand her business and help her children study to earn bachelors degrees. Moreover, she hopes to build a new wooden house.
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.