Nhem K., 35, is married. She resides in the Siem Reap Province, Cambodia, with her husband and children. To make a living, she is engaged in a business buying bananas from the local farmers in her village for resale, earning an income of approximately $16 per day. This is her first loan from CREDIT, Kiva’s partner. Her husband is involved completely in the agriculture sector as a rice farmer, earning an income of $3 per day to help cover the family expenses. Mrs. K. and her family members are seeking to improve their standard of living and to generate a better income. Therefore, K. is asking for a loan of $500 to buy a motorbike to transport bananas for sale.
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.