Chan L., age 22, is married and resides with her husband in Takeo province, Cambodia. She has no children.
L. is engaged in a business selling various kinds of groceries at home, earning approximately $7 in revenue per day. Her husband helps her in the business and is able to earn the same amount of income as his wife. They have been with the business since 1999.
Their standard of living has improved since they have this business, so they want to have a loan to expand their business. L. is requesting a loan of 1,200 USD to purchase more groceries to stock the store. This is her first loan from CREDIT, Kiva's partner.
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.