Kanya, 61, resides with her husband and children in Kampong Cham province, Cambodia, an area known for the rubber plantations. Kanya sells coconuts, coffee, and gasoline, earning an income of USD $8.30 per day. Her husband is employed at a cashew plantation, earning an income of USD $5 per day. Each month, the family has to spend USD $83 on food and USD $40 on the other necessary expenses. Kanya is requesting a loan of USD $1200 to purchase more groceries to resell. 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.