Chhunlay is 39 years old. She plants and sells vegetables with her husband, earning $6 per day. She has four children; one is a worker who earns $2.50 per day, and the rest stay home because they are too young to go to school. Every month, she has to spend $66 on food and $10 on other expenses. She would like to request a loan of $700 to buy a pumping machine to water the vegetables that she plants with her husband. After the loan, she wants to plant more vegetables because the pumping machine will make it easier to water them.
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.