Chenda is 30 years old. She is married and resides with two children in Kampong Chhnang Province, Cambodia. She has been running a food stall for more than two years, earning approximately $4 daily. Her husband is a construction foreman who earns about $10 each day. Chenda is requesting a loan of $1500 to purchase construction materials for her husband to use in his work. This money will help improve her husband’s business. In the future, she would like to expand the business and send her children to a good school.
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.