Hout K. is 41 years old and is a true entrepreneur. She has her own business catching and selling fish and making hammocks to sell in the market. She is able to make $2.50 a day while her husband Sa Lann, 45 years old, has a business catching fish. He makes about $3 a day. They have seven children, two are students and four are fisherman.
Mrs. Hout K. is requesting a loan of $700 to purchase more fishing tools to catch more fish.
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.