Chea is a married woman who has three children. She is 45 years old and she is a cattlewoman. Her husband is a motor-taxi driver. Together, they can earn around $3 per day.
She would like to apply for a loan of $1,500 to buy and feed cows. Then she can sell the cows and generate more income to improve her family’s standard of living. In the future, she would like to run a small business, to build a wooden house and to provide an opportunity for her children to ear bachelor degrees.
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.