Hun, 55, is married and resides in Kampong Chnang Province. Hun buys rice in bulk to resell when the price is profitable, and her husband sells palm juice.
Hun is requesting a loan of US $900 to purchase more rice to stock for resale.
In the future, Hun would like to send her children to study Korean so that they can go to work in South Korea. This will be her first loan from KREDIT, a longstanding 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.