Ny, 31 years old, is a farmer. Her husband is a gardener in a hotel. Their income is $9 per day. She has three children. Two are studying.
Every month, she has to spend $80 on food, $10 on electricity, $30 on school fees, $15 on transportation and $10 on other expenses.
She would like to request a loan of $700 to buy a pair of buffalo for plowing the field.
In the future, she wants to send her children to study at the university of agriculture and will buy cattle for them to do farming.
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.