Mareth is 60 years old. She is widowed and resides with four children in Kampong Chhnang Province, Cambodia. She has been selling rice, drinks and gasoline for more than seven years, earning approximately $10 daily. Two of her children are employed in a rice mill. They earn about $6 each day.
In order to improve her family’s finances, Mareth is requesting a loan of $1000 to purchase all kinds of drinks and gasoline to sell. This money will help her to expand the business and earn more income for the family.
In the future, she would like to run a food store and help her children to earn bachelor’s degrees. Moreover, she wants to build fence around her house.
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.