Reth, 44, is a married woman with six children in Kampong Chhnang Province. Reth and her husband are fish and vegetable vendors and two of their children are arc-welders in Malaysia. All of them can earn $24 per day.
Reth would like to apply for loan of $1,200 to buy materials to distill alcohol and also to buy a pig to breed. This loan helps her family earn more income and improve their standard of living.
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.