Thouk is 54 years old. She is a widow who has four children in Oudong, Kampong Speu Province, Cambodia. She is a retailer at home and three of her children are employed. All of them earn approximately $17 per day.
Now, Thouk would like to apply for loan of $1,500 (USD) to purchase goods to sell for profit and to purchase copper to make copper products to sell. This loan helps her to make more income as well as get a better 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.