Prom C., 31, is married and resides in Kampong Cham province, Cambodia, an area known for rubber plantations. She sells fruits, earning an income of about $5 per day. Her husband is employed at a rubber plantation, earning an income of $2 per day. Each month, the family has to spend $124 on food and $25 on the other necessary expenses. She is requesting a loan of $1,200 to purchase a motorbike for her husband to commute to work. 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.