Mrs. Van N., aged 48, works with her husband buying rice crops to mill and resell to a wholesaler, making about $8.50 per day in revenue. They have three children, two who are garment factory workers and one who is a laborer in Thailand. She would like to request a loan of $1,000 in order to purchase additional rice in bulk to lower her inventory costs and increase sales margins.
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.