Nurn V., 35, sells vegetables at a local market in town and is able to earn $4 US per day to help cover the family's expenses. She has been in this business since 2000. She is married and lives with her six children in Takeo province, Cambodia. Her husband grows vegetables for sale, earning $2 US per day. The family is also supported by one of the children, who is a worker for a local garment factory earning $2 US per day.
V. and her husband work hard and help each other to ensure a good standard of living for the family. They are seeking to improve their businesses as well. As a result, V. is requesting a loan of $1000 US from CREDIT, Kiva’s partner. She wants to use the loan to purchase a motorbike to transport vegetables to sell at the market. This is her first loan from CREDIT.
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.