Eang H., 44, is married and lives with her husband in the province of Kampong Cham. She grows and sells rice to earn a living and is able to make about $4 every day. Her husband owns a grinding machine and uses it to provide a service to the local farmers. On average, he makes around $1.50 per day. This couple together has three children, one of whom is a garment factory worker. Eang H. would like to take out a loan to purchase a truck to transport the grinding machine from house to house, and invest in a new business of selling wood.
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.