Peang O., 59, is a widowed farmer who lives with her old mother and two sisters in the Kampong Cham province. She and her sisters have been farming since 1980 to earn a living and they are able to make about USD $1 every day. Besides this activity, Peang also sells grocery products from her home. On average, she can make USD $8 in revenue per day. Mrs. Peang has one child who stays at home to help her sell grocery items. She would like a loan to expand her grocery store by adding more products to meet her clients' demands. (Mrs. Peang O. is third from the left in the photo.)
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.