Savoen (pictured with her grandson) is 64 years old. She is married and lives in Kampong Chhnang Province, Cambodia.
She has been cultivating vegetables and fattening up animals for more than ten years, earning approximately $5 per day. Her husband is a rice farmer who earns about $5 each day. Her daughter is a garment worker and makes an income of $4 daily.
Savoen asks for a loan of $700 to purchase fertilizer and rice seeds to cultivate in the dry season. In the future, she wants to purchase a harvester for rental to make more money.
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.