Chheung S., 36, is married and lives with four children in Battambong town, Cambodia. S. is engaged in a business of selling bread, meatballs, and grilled eggs. He is able to earn an income of $4 per day to help cover the family expenses. His wife buys fish from local farmers in her village for resale at a local market, also earning an income of $4 per day.
S. and his wife try to work hard every day to ensure a good standard of living for the family. And they are seeking to improve their businesses as well. As a result, he is requesting a loan of $1,100 from CREDIT, a Kiva partner. He wants to use the expected loan to purchase more fish to sell. This is his second loan from CREDIT. (S.'s husband is pictured here)
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.