Mrs. Phun P., 49, works with her husband on their plot of farmland growing crops and various kinds of vegetables making collectively about $5 each day. She has three children. One of them is employed at a nearby garment factory; another one is a blacksmith and the rest of are married and live separately. Mrs. Phun P. hopes to use this loan to purchase more blacksmith's supplies and other tools for her son to reinvest in his business.
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.