Channy, 52, is married and resides with her husband and three children in Kampong Chhnang Province, Cambodia. She is a tailor. Her husband is a rice farmer. Two of her children are garment workers.
In order to increase her family income, Channy needs more funds to run a new business. Therefore, Channy requests a loan to purchase rice to resell when the price is higher. By doing so, she can get extra income to support her family. In the future, she would like to run a grocery store at home, build bathroom, and support her children to study until they get a Bachelor's degree.
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.