Ham S., 46, is married and lives with her four children in Batambong Province, Cambodia. S. sells groceries, meat, vegetables and fish from her home. She has been in this business since 2009 and is able to earn an income of $5 USD per day. Her husband is a construction worker and farmer who grows rice on his own plot of farmland, earning $3 USD per day.
S. and her family members work hard and help each other to ensure a good standard of living for the family. They are seeking to improve their businesses as well as meet their daily expenses. As a result, S. is requesting a loan of $1000 USD from Kiva partner, CREDIT. She wants to use the loan to buy more groceries to sell, an ice crusher, and a bicycle for her husband. This is her second loan from CREDIT.
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.