Bopha is 31 years old. She is married and resides with two children in Kampong Chhnang Province, Cambodia. She has been selling groceries for more than three years, earning approximately $3 per day. Her husband runs a taxi service (motor taxi). He earns about $5 daily. In order to improve her family’s finances, Bopha is requesting a loan of $600 to purchase more groceries to sell. By doing so, she will increase her grocery inventory and earn more income for her family. In the future, she would like to use the profit to expand her store and send her children to a good school. Moreover, she hopes to rebuild her present house to make it more comfortable 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.