Phai O., 28, is married and resides with her husband and two children in Sa ang District, Cambodia, an area known for sugarcane plantations. She sells groceries for an income of about USD 4 per day. Her husband raises pigs and produces rice wine, earning an income of USD 8 per day to help cover the family's expenses. O. is requesting a loan of USD 1200 to buy rice to produce more wine and pig food. In the future, she would like to use any additional profit to send the children to a good school. This is her first loan from CREDIT, a long-standing Kiva partner in Cambodia. O.'s husband is pictured.
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.