Samon is 27 years old. She is widowed and lives with her mother in Kampong Speu Province, Cambodia. She has one child. She has been selling noodles for more than five years, earning approximately $10 per day. Her mother helps her run the business. In order to improve her family’s livelihood, Samon is requesting a loan of $1500 to purchase drinks to add in her store. In addition, a part of this money will be used to buy palm leaf thatches to fix the roof of her store. This money will help her expand her business and earn more income for the family. In the future, she would like to build a new house and send her child to a good school.
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.