Mrs. Srey L., 33, works very hard with her husband on their plot of land, growing variety of vegetables, and earns collectively around $14.50/day in revenue from selling her produce to the people in her community. She has three children. Two are enrolled in school and another one is unemployed. Mrs Srey L. hopes to use this loan to purchase more seeds to expand her crops, and the leftover of the money is to buy wood to repair her house.
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.