Chantha, 30, is married and resides with her husband and a kid in Prey Veng Province, Cambodia. She runs a grocery store from her home. Her husband is a rice farmer. The grocery store is the main source of income for the family, so Chantha needs more funds to expand her business. This is her second loan request; this time, she is asking for a loan of USD 1200 to purchase more groceries to sell in order to generate more income. In the future, she would like to build a new house.
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.