Ny is 51 years old. She is married and resides with four children in Kandal Province, Cambodia. She has been selling eggs for more than four years, earning approximately $15 daily. Her husband helps her run the business. One of her children is employed in Malaysia and earns about $8 each day.
In order to improve her family’s finances, Ny is requesting a loan of $1000 to raise capital in her business to purchase more eggs to sell. This money will help her increase her stock and earn more income for the family. In the future, she would like to expand her business and help her children earn a bachelor’s degree. 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.