Chhe N., 51, is married and resides with her husband and three children in Kampong Cham Province, Cambodia, an area known for rubber plantations. N. sells food for an income of USD 3 per day. Her children, employed at different workplaces earn an income of about 2 each to help cover the family expenses. The family has to spend USD 58 on food and USD 5 on electricity supply.
N. is requesting a loan of USD 400 to purchase more supplies to improve the food selling business. 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. N. is the older woman in the photograph with her daughter and grandchildren.
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.