Sopheap, 34, resides with her husband and children in Kampong Cham province, Cambodia, an area known for rubber plantations. Sopheap sells groceries, earning an income of 5 USD per day. Sopheap also grows yams on her own plot of land to generate more income for her family. Each month, the family has to spend 80 USD on food and 40 USD on other necessary expenses. Sopheap is requesting a loan of 500 USD to purchase a motorbike to commute to her yam plantation. 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.