Her husband, Sam Chuk, 38, is a rice farmer and palm climber. He makes around US$1.6 per day. He told to a loan officer that his farm is just to have enough to eat from day to day and mostly the profit is from the sugar palm business. Everyday he collects palm juice and then boils it into palm sugar and sells it in the market.
Mrs. Bin is asking a loan of US$500 to invest in her business by adding to the number of rice noodles she makes, and the rest of the money is to be used to purchase fertilizers for her husband's farm.
About KREDITKREDIT 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.
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Success!! The loan was 100% repaid