Channy, 50, is married and resides with her husband and four children in Kampong Cham Province, Cambodia. She and her husband are rice farmers. Additionally, her husband buys cattle to sell to generate extra income to support the family. Three of her children are employed. Two are garment workers and one is a security guard. Channy is requesting a loan of USD 1000 to purchase a motorbike for her children to commute to work. In the future, she plans to grow rice two times a year and send her children to a good school.
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.