Touch, 43, is married, resides with her husband and five children in Kampot Province, Cambodia. She has been selling groceries for over ten years, earning approximately USD 3 per day. Her husband runs the business of purchasing junk materials to resale at the junk shop. He earns about USD 7 per day. Three of her children are employed in garment factory. Approximately, they earn USD 12 per day.
In order to improve her family’s livelihood, Touch is requesting a loan of USD 1500 to raise capital in her business to purchase more groceries to resale. By doing so, she would earn more profit to support the family. In the future, she would like to use the profit to expand her business and help her children get bachelor’s degree. Moreover, she hopes to a new house as soon as possible.
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.