Chanthorn, 31, resides with her husband and children in Kampong Cham province, Cambodia – an area known for rubber plantations. Chanthorn sells food from home, earning $10 US per day. Her husband is a motor-taxi driver and a chef, earning $3 US per day. Each month, the family has to spend $61 US on food and $40 US on other expenses. Chanthorn is requesting a loan of $1000 US to purchase yams from local farmers as stock to resell. 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.