March, forty-two, is married, resides with her husband and three children in Takeo Province, Cambodia. She and her husband have been involved in agricultural business for over twenty years, have extensive experience, and are successful in their career. They are involved in growing rice and fattening up pigs to sell. Additionally, her husband runs a motor-taxi when he is free from his farming work. One of her children is a garment worker.
Due to the fact that the present motorbike is too old, March is requesting a loan of USD 800 to purchase a new motorbike for her husband to run his transportation service. By doing so, her husband will have a new motorbike which will attract more customers and generate more income to support the family. In the future, she would like to expand her agricultural business and support her children to study until they get Bachelor degrees. Moreover, she plans to rebuild her present house to make it much stronger to provide better living conditions for her family.
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.