Phan T., 38, is a soldier living in the Battambang province. He has been working as a soldier since 2004 and is able to make about $2 per day. His wife grows corn and other vegetables. On average, she is able to make about $4 of profit a day. This couple has two children who are in school.
To earn more money, Phan T. is asking for a loan of $600 to buy more farmland for his wife to grow more corn.
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.