Sareth is 41 years old. She is married and resides with four children in Takeo Province, Cambodia. She has been selling fruits for more than 10 years, earning approximately $6 daily. Her husband is a driver who earns about $5 per day.
In order to improve her family’s finances, Sareth is requesting a loan of $1200 to raise capital in her business to purchase more fruits to resell. This money will help her expand her business and generate more income to support the family.
In the future, she would like to use the profit to expand her business and help her children earn bachelor’s degrees.
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.