They are looking to expand their current businesses. Hea Siem makes $5.80 USD each day by repairing motorbikes and bicycles in his shop. He could use some more tools to help his business. Sorn S. has asked for a loan of $500 USD to invest in both her and her husband’s businesses. She would like to use $200 USD to purchase a few more pigs to raise and use the other $300 USD to purchase some blacksmithing tools for her husband.
She looks forward to the opportunities that this loan can provide and is optimistic about the return on her investment.
About KREDITKREDIT 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.
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