Chheoun C., 29, is married and lives with her three children in Battambong Province, Cambodia. C. works in the agriculture sector growing rice and she sells fish when she is available from her rice fields. Both businesses are able to generate an income of USD 4 per day to help assist the family. She has been in these businesses since 1999.
Her husband helps his wife at the rice field and helps his father grind rice. He is able to earn an income of USD 4 per day as well. C. and her family members try to work hard and help each other to ensure a good standard of living for the family and they are seeking to improve their businesses as well to help with their daily necessary expenses.
As a result, C. is requesting a loan of US $900 from CREDIT, Kiva’s partner. She wants to use the expected loan to pay for hiring people who will help at the rice field and to buy more fish for resale. 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.