Mom is 23 years old. She is married and blessed with one child in Kampong Chhnang Province, Cambodia. She has been working in a garment factory for more than two years, earning approximately $3 per day. Her husband is a construction worker who earns about $5 per day.
In order to improve her family’s finances, Mom is requesting a loan of $500 to purchase farmland for cultivating rice. This purchase will help her generate more income to support the family. In the future, she would like to run a tailoring shop and send her child to 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.