Nhim C., 41, (pictured with his wife), has a business selling cows and makes US$50 in revenue every day. His wife is a farmer, who grows rice and vegetables to sell at the market. She earns about US$1.50 per day. The couple has five children and all of them are in school. The business of selling cows is making good money to support the family, thus Mr. Nhim C. is asking for a loan to purchase additional cows for resale.
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.