Rith S., 43, is widow and lives with her only child in Batambong Province, Cambodia. S. is in the business of selling soy milk. She sells her products at a popular local market in the town and is able to earn a gross income of $33 per day.
S. and her family members try to 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 to take care of the necessary daily expenses.
Therefore, S. is requesting a loan of $1200 from CREDIT, Kiva’s partner. She wants to use the loan to buy more soybeans to produce soy milk for new and existing customers at the market. This is her first loan from CREDIT.
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.