Phan V., 50, resides in Siem Reap province, Cambodia, an area known for its Angkorean temples.
V. sells sugarcane juice, earning an income of US $3 per day. Her husband is a motorbike repairman, earning an income of US $3 per day to help cover the family expenses. Each month, the family has to spend US $60 on food and US $10 on the other necessary expenses.
V. is requesting a loan of US $1,000 to purchase a new sugarcane squeezer to operate her business more efficiently. This will be her third loan from CREDIT, a long-standing Kiva partner.
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.