Seeing the chance that he is able to sell pigs with a fairly profitable price, he wants to take a loan of US$600 to buy more pigs for his wife to raise and sell them back at the right time when the price of the pigs goes up. If he succeeds with his business plan, he really wants to use his savings to build a house made from bricks.
About KREDITKREDIT 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.
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