Sorn Y., 62, is married and lives with one of her children in the Kampong Chhnang province. She sells desserts and works as a farmer, making US $3 each day, while her husband also does some farming and works as soldier, making about US $3 each day as well. Sorn Y. is asking for a loan of US $200 to purchase another farmland to grow more rice. She sees this new rice field as a good economic investment and will use it to increase her income and improve her standard of living.
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.