Kong L., 60, is widowed and resides with her husband and three children in Kampong Chnam Province, Cambodia, an area known for rubber plantations. She has a business of selling various kinds of groceries, which provides an income of about USD 7.13 per day. L. is requesting a loan of USD 1000 to purchase more groceries to stock the store.
In the future, she would like to use any additional profits to expand her current business. This is her first loan from CREDIT, a long-standing Kiva partner in Cambodia.
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.