Chen Y., 45, is married and resides with her husband and six children in Kampong Cham Province, Cambodia, an area known for its rubber plantations. Y. and her husband grow rice and buy bananas to stock and sell for an income of USD 3 each per day.
Y. is requesting a loan of USD 500 to purchase bananas to stock for resale. In the future, she would like to use any additional profit to repair her house. This is her first loan from CREDIT, a long-standing Kiva partner in Cambodia. Y.'s husband appears in the photograph.
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.