Han is 56 years old and married with one child. She is a farmer and her husband who is with her in the photo is a timber retailer. Both of them can earn $33 per day. Now she would like to apply for $1000 for buying more timber to sell. This loan helps her husband’s business expansion as well as getting more profit.
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.