Sok K., age 70, is an old grocery vendor who lives with two of her children in Kampong Cham, Cambodia. On average, she makes around US$4 each day. She told a loan officer that before she became a grocer she grew rice with her husband. She changed her work to selling groceries because it is easier to make profit. Her husband, Von Veng, age 71, still planting rice and raising pigs to support the family income. Normally, he earns around US$2 each day. Mrs. Sok is requesting a loan of US$750 to purchase a water pump, feed for pigs and increases the the ammount of groceries she is selling from her home.
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.