Song N., 28, is married and lives with her husband and two children in Takeo Province. N. sells groceries and earns about $3 per day.
Her husband is employed at the factory, earning about $3 per day. N. spends $66 on food, $5 on electricity and water and $35 on other necessary expenses every month.
N. is requesting a loan of $1000 to purchase more groceries to stock her store. In the future, she would like to use any profits to repair her house. This is her second 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.