Kem explains that he has to spend $50 on food and $16 on other necessary living expenses every month. Kem is now requesting a loan in the amount of $500 to purchase a cow to raise for its offspring. In the future, he would like to use any additional profits generated as a result of the requested loan to repair his family's house.
About KREDITKREDIT 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.
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