Mrs. Ly L. lives in Kampong Cham province with her husband and their 6 children. Four of their children work in a garment factory, while the others are students. Mrs. Ly L. and her husband work together running a small restaurant and also selling pork to the market. They earn approximately $3.60/day in these businesses, and sometimes more when they sell an animal to the market. This loan will be used to purchase pigs and cows which will in turn be used for their own restaurant, and any excess will be sold at the market. In the future, they would like to open a large restaurant that also sells meat and some groceries.
KREDIT Microfinance Institution Plc., 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.