Lida is 37 years old. She is married and resides with three children in Kampong Chhnang Province, Cambodia. She is a fortune teller who earns about $2 daily. Her husband is a construction foreman. He earns about $7 each day.
Lida is requesting a loan of $400 to purchase construction tools for her husband to use in his work. This purchase will help her husband run the business smoothly. In the future, she would like to expand his business and send her children to school. Moreover, she hopes to build a new house as soon as possible.
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.