Sriv S., 64, works selling Khmer cake to the local people to earn a profit of around US$2.5 per day. The cakes are made from rice, and their cores are bean with sugar palm. In Khmer language these cakes are called "Nom Krouch." This kind of cake is one of the favorite foods among Cambodian people, especially people who live in her village. Her husband, Sut Sat, 70, is a rice farmer and earns US$3 per day. This couple has two children, both of whom are employed. Mrs. Sriv is requesting a loan from Kiva to expand her business selling Khmer cake and also to help purchase a water pump to irrigate the crop and rice field.
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.