Nang is 53 years old. She is married and resides with three children in Kampong Chhnang Province, Cambodia. She is a housekeeper. Her husband runs a business of making metal doors and metal windows to sell. He makes an income of $8 daily. One of her children is a garment worker who earns about $3 per day.
To improve her husband's business, Nang is requesting a loan of $1500 to purchase metal and arc welding sticks to use for making more doors and windows. This money will help him obtain enough materials to use in his business and earn more income for the family. In the future, she would like to expand the business and help her children have higher education.
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.