Chhouy C., 24, is married and resides in Siem Reap province, Cambodia, an area known for Angkorean Temples.
C. is a watermelon seller, earning an income of about US $3 per day. Her husband is a construction worker, earning an income of US $5 per day. They also have a rice farm as a source of income. Each month, the family has to spend US $60 on food and US $20 on other necessary expenses.
C. is requesting a loan of US $900 to purchase a mechanical plow to help plow the rice fields. 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.