Mrs. You S., 54, has a stand at home selling Khmer noodle soup and porridge to the people in her area, making on average about $2/day of net income. She started this business in 1998. Her husband is a farmer growing rice and vegetables on his farm land, typically earning around $1 per day in revenue. One of her children is now employed as a garment worker, another two are construction workers and the rest are married and live outside the family home. Mrs. You S. would like to request a loan from KIVA to purchase two cows to assist in plowing farmland.
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.