Nith D., 27, is married and currently lives with her husband in Sa-ang approximately 40 minutes from the city. She has been engaged in the business of selling vegetable since 2005 with an income of US$3 per day. Her husband is a construction worker, making US$2.50 per day.
The financial crisis has been difficult for business in Cambodia this past year and inflation struggles have affected all Cambodians. These factors have played into a difficult economic year for much of the country, D. included. The country's economic struggles always seem to affect the poor the most.
In light of the country's economic difficulties, D. is seeking to increase her income and improve her business. She is asking for a loan of US$700 to purchase a trailer to easily transport more vegetables to sell at the market because she has noticed that this business is the primary source of income for her family.
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.