You B., 39, is requesting a loan of USD 1000 to purchase fertilizer to improve his farming business. In the future, he would like to use any additional profit to repair his house. B. is married and resides with his wife and three children in Bonteay Meanchey Province, Cambodia, an area known for its commerce with Thailand.
B. is a farmer, earning an income of USD 3.5 per day. The family must spend USD 44 on food, USD 5 on electricity supply, and USD 15 on other necessary expenses every month. This is B.'s 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.