Tan S., 53, grows beans and produces tofu, earning an income of USD 16.3 per day. S. is married and resides with her husband and four children in Kampong Chnang Province, Cambodia, an area known for palm products.
The family has to spend USD 80 on food, USD 10 on electricity supply, and USD 50 on other necessary expenses every month. S. is requesting a loan of USD 1,000 to purchase more bean seeds to grow. This is her third 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.