Kong S. is 51years old and has a business making and selling fried bananas in his village to earn a living. She is able to make around US$9 every day, while her husband earns US$10 a day working as a farmer. He grows and sells cashew nuts for market wholesalers. This couple has four children, one of whom is a hair dresser and three who are in school. Kong S. would like to take out a loan to purchase hair dressing materials for her daughter.
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.