Thol P. is 47 years old and a widow. She lives with her three children in the Battambong province, Cambodia. In 2000, to earn a living, she started selling groceries around the school campus. Thol is able to earn US$5 a day. Her three children attend the school and always help her during their spare time. She said that each month her family spends an average, US$60 on food , US$5 on utilities, US$20 on children's education and US$10 on transportation.
Thol P. would like to take out a loan of US$1000 to increase her supply of groceries to meet her client’s needs. (The oldest daughter is pictured as Thold P. was not available)
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.