Kun S., age 40, has a business selling chickens in the market and lives in Prey Veng province, Cambodia. On average, she makes around $4 each day. She has four children, two of whom are students and the other two are employed by a garment factory. The weather conditions have been difficult in Cambodia this past year and inflation has also been out of control. These factors have played into a difficult economic year for many Cambodians, Kun S. included.
She has requested a loan of $500 to purchase a cow to help her farm. This will reduce her costs since she used to use a hand-tractor to plow her land.
CREDIT MFI is an independent Cambodian faith-based organization. It aims to empower the economically active poor and small entrepreneurs by providing inclusive financial services.
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.