Vannak is 31 years old. She is married and resides with two children in Kampong Chhnang Province, Cambodia.
She has been selling groceries for more than three years, earning approximately $5 daily. Her husband is a commune clerk who makes an income of $2 each day.
In order to improve her family’s finances, Vannak is requesting a loan of $550 to purchase more groceries to resell. This purchase will help increase her stock and generate more income for her family. In the future, she would like to expand her store and help her children earn bachelor’s degrees.
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.