Chron is 52 years old, married, and has one child. She resides in Takeo province, Cambodia. She has been involved in growing rice for over 20 years, earning approximately $5 per day. Her husband is a construction worker and earns approximately $6 per day. Her daughter is a garment worker and earns approximately $3 per day.
In order to improve her family’s economy, Chron is requesting a loan for $1,500 , which she will use to purchase a car for her husband to run a taxi service to generate more income for the family. In the future, she would like to build a concrete house to provide a better living condition 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.