Sorn S., 47, pictured here with her husband, is married and lives with ten of her children in Kampong Cham province. She and her husband farm together and typically earn US $4 combined each day. Her family is also supported by four of the children who work in a garment factory and three children who are goldsmiths. The weather conditions have been difficult for farming in Cambodia this past year and inflation has also been out of control. These factors have played into a difficult economic year for many Cambodians, Sorn S. included. In light of these economic difficulties, she is asking for a loan of US $750 to purchase fertilizers and land to expand cultivation; she believes this investment will increase their daily income.
KREDIT Ltd. 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.