Soeung Y., 45, lives in the Kampong Cham province with her husband and four children. She makes about US$1.60 daily, growing and selling vegetables, while her husband makes US$1.50 as a horse cart driver. She is asking for a loan in the amount of US$1000 to purchase fertilizers and land to expand her cultivation. She is also hoping to purchase pigs to raise and sell with the money from the loan. She sees this loan as a great opportunity to expand her business and is confident that she will see her income increase as a result.
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.