Prach C., 43, is married and lives with her three children in Kampong Cham province, Cambodia – an area known for its rubber plantations. C. sells groceries, earning $0.60 US per day. Her husband is a village chief, earning $1.50 US per day to help cover the family's expenses. Each month, the family has to spend $30 US on food and $70 US on other expenses. C. is requesting a loan of $1200 US to rent a plot of farmland to grow vegetables to sell. In the future, she would like to use additional income to repair her house. This will be her first loan from CREDIT, a long-standing Kiva partner.
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.