Mrs. Kit V., 52, is married with 5 children and works as a farmer making on average about $3.50 a day of profit. Her husband, Mr. Ka Sa, 54, owns a plot of land growing a variety of vegetables and normally earns around $2 a day. This couple has five children. Two are car mechanics earning around $200 a month and three others are students. This couple hopes to use this loan to purchase a plot of land to grow some vegetables in order to gain more profit. In the future, this couple plans to open a garage for their son.
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.