Vannak is 40 years old. He is married with four children, and lives with his family in Kampong Chhnang Province, Cambodia. He has been in the agricultural business for more than twenty years, earning approximately $6 daily. His wife helps him run the business. One of his children is employed in a garment factory.
Vannak is requesting a loan of $600 to purchase fertilizer for his farm. This purchase will help his crops and plants grow well and provide a high yield. In the future, he would like to expand his business and help his children achieve a higher education.
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.