Sareit is 37 years old. She is married and resides with one child in Kampong Chhnang Province, Cambodia. She has been selling groceries for more than ten years, earning approximately $4 per day. Her husband is a construction worker who earns about $10 per day.
In order to improve her family’s livelihood, Sareit is requesting a loan of $1,300 to purchase more groceries to resell. This money will help her expand her business and earn more profit to support her family.
In the future, she would like to use the profit to expand her business and help her child earn a bachelor’s degree.
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.