Pov, 20, is married and resides with his wife in Takeo Province, Cambodia. Pov has been running a business selling traditional medicines for over two years. He has extensive experience and success in his business. He also takes the medicines to other provinces around the country to sell them there. His wife helps him run the business.
In order to improve his business, Pov is asking for a loan of USD 1,000 to raise capital in order to buy more more traditional medicines to sell and make more profit. In the future, he would like to purchase a new car to transport his medicines to sell around the country. Moreover, he plans to build a new concrete 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.