Hol is 48 years old. She is a mother of three children and resides with her husband in Takeo Province, Cambodia. She has been selling vegetables for more than ten years, earning approximately $5 per day. Her husband is a chef who earns about $4 per day. One of her children is employed in a garment factory and earns about $3 per day. Hol wants to run an additional business to earn more income to support her family. With this goal in mind, Hol is requesting a loan of $1000 to purchase farmland to use for agricultural crops cultivation. This money will help her acquire the security to start her business. In the future, she would like to expand her business and help her children earn bachelor’s degrees. Moreover, she hopes to build a new house as soon as possible.
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.