Nary, age 50, is married and resides with her children in Takeo Province, Cambodia. She has two children. She is engaged in a business producing brooms and baskets, earning an income of $2 per day to help cover the family expenses. The family is also assisted by her husband, who is a farmer earning an income of $1 per day. Their standard of living has improved since Nary and her husband have had these businesses. Nary is requesting a loan of $1,200 to purchase cows to raise for sale. This is her first loan from CREDIT, a partner of Kiva.
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.