Khim is 51 years old. She is widowed and resides with four children in Takeo Province, Cambodia. She has been growing rice and fattening animals for more than twenty years, earning approximately $2 per day. All of her children are employed in a garment factory. They earn about $12 per day. Khim is requesting a loan of $1,000 to pay for her son’s passport expenses. This money will help her son work in Thailand legally and earn more money to support the family. In the future, she would like to expand her agricultural business and rebuild her house to make it bigger and more convenient for her family.
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.