Because she wants to increase the number of groceries for sale to meet her customer's demand, she has applied for a loan from Kiva, to purchase groceries in bulk and save the money. The majority of the loan will however be used to purchase a plot of land to resell whenever the price is high.
About KREDITKREDIT 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.
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