To earn a living, Chi sells groceries. On average, she earns an income of approximately $5 per day. Her husband raises pigs at home. Chi has to spend approximately $80 on food, $10 on electricity and water supplies, and $125 on other necessary living expenses every month. Chi is now requesting a loan in the amount of $1,000 to purchase more groceries for re-sale purposes. In the future, she would like to use any additional profits generated from her business to repair her family's house. This would be her first loan from CREDIT, a long-standing Kiva partner in Cambodia.
About KREDITKREDIT 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.
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Success!! The loan was 100% repaid