Sros Y., 37, is married with four school-aged children. She resides in Siem Reap Province, Cambodia, with her husband and children.
Mrs. Y. is engaged in the business of selling chickens and vegetables at a nearby local market in the town and raising pigs at her home, earning approximately US$17 per day. The family is also assisted by her husband who helps his wife at the market and with raising pigs at home.
Mrs. Y. and her husband are seeking to improve their standard of living and to generate a better income. Therefore, Y. is asking for a loan of US$1,000 to buy a motorbike with compartment attached to easily transport chickens to sell. With the remainder, she wants to invest in her pig-raising business. She hopes that her new business of selling chickens will enable her family to generate extra income.
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.