Srey Neang, 30, is married and resides with her husband and four children in Prey Veng Province, Cambodia. She has been working in a garment factory for over 5 years, earning approximately 2 USD per day. Her husband is a construction worker and earns approximately 3 USD per day. In order to improve her family’s economy, Srey Neang is requesting a loan of 500 USD to purchase cattle to breed in order to sell for a profitable price when they gain weight. By doing so, she would generate more income to support the family.
In the future, she would like to expand her business by purchasing more cattle and pigs to breed to make more money for the family. Moreover, she plans to rebuild her present house to be larger and much stronger to provide better living conditions for her family, as well as support her children to study higher.
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.