Thary is 50 years old. She is married and resides with her four children in Kampong Chhnang Province, Cambodia. She has been involved in cultivating rice and fattening animals for more than ten years, earning approximately $3 daily. Her husband is a journalist who makes an income of $5 per day. Two of her children are garment workers. They earn about $8 each day. Due to lack of funds, Thary is requesting a loan of $600 to pay for her child’s school fees. This money will help her child pursue a bachelor’s degree. In the future, she would like to expand the business and build a new 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.