Sam L., 55, is married and lives with her husband in Toul Sangke district, Phnom Pehn, Cambodia. She started her business in 1979, selling fruits and cooking Num Ansorm, a Khmer traditional cake made from piece of pork, banana, sticky rice wrapping with banana leaf. This kind of cake is very popular and well known for locals. Sam L. can typically make about $5 a day of income from her business activity.
Her husband can moderately make $3 each day from working as a motor-taxi driver. Moreover, Sam L. has four children. One of them is enrolled in school, two of them are electricians, and the last one is a factory worker. For her monthly expenses, Sam L. usually spends about $110 on food and $20 on utilities. The expenses are covered 50% by help from her children.
Sam L. would like to request a loan to purchase more fruits to meet her clients’ needs and increase her profit margin.
About KREDITKREDIT 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.
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