Mom A., 47, is married and resides with her husband and four children in Kampong Cham Province, Cambodia, an area known for rubber plantations. A. is employed as a garment factory worker for an income of $5 per day. Her husband is a construction worker, earning an income of $4 per day. Every month the family has to spend $61 on food, $5 on electricity, $15 on their children's education and $5 on transportation.
A. is requesting a loan of $800 to purchase a plot of farmland to grow rice for the family's use. In the future, she would like to use any additional profit to repair her house. This is her first loan from CREDIT, a long-standing Kiva partner in Cambodia.
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.