Reoun, 70, resides in Kampong Chnang province, Cambodia, an area known for palm products. Reoun grows vegetables to sell, earning an income of $1.86 per day to help cover the family expenses. Her daughter is employed at the factory, earning an income of $2.66 per day. Each month, the family has to spend $66 on food and $15 on the other necessary expenses.
Reoun is requesting a loan of $1,200 to help one of her children to get married. This will be her second 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.