Mrs. Seng S. N., age 25, owns a store that makes palm sugar. Her husband climbs the palm trees to collect palm juice for making the sugar. Together they generate $8 per day in revenue. They have no children. She requests this loan in order to purchase additional tools to help produce the sugar and to build an oven for boiling the juice.
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.