Phally, 34, is married and resides with her husband in Kampong Chnang Province, Cambodia, an area known for quality palm products. Phally sells pigs, and her husband sells rice. Phally is requesting a loan of USD 1,200 to purchase a plot of farmland and more rice to resell. By doing so, her family is able to generate more income. In the future, she would like to use any additional income to repair her house. This will be her second loan from KREDIT, a longstanding 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.