Sinang is 56 years old. She is married and resides with two children in Kampong Cham Province, Cambodia. She has been selling noodles and pancakes for more than ten years, earning approximately $15 daily. Her husband is a construction worker who earns about $5 daily. Her son is employed in a pure drinking water factory and earns about $3 each day. In order to improve her family’s finances, Sinang is requesting a loan of $1200 to purchase groceries to resell. This money will help her acquire the security to start the new business and earn more income to financially support the family. In the future, she would like to expand her business and help her youngest child earn bachelor’s degree. Moreover, she hopes to rebuild her present house to make it 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.