Chantha, 50, is married and resides with her husband and three children in Kampong Chnang province, Cambodia. She has been involved in an agricultural business for more than ten years and is successful in her career. She grows crops and raises cattle. Additionally, she sells vegetables and fruits, and makes religious articles to sell in order to generate more income to support her family. Her husband is a policeman who earns about 5 USD per day. One of her children is a high school teacher who earns approximately 4 USD per day.
In order to improve her business, Chantha is requesting a loan of 800 USD to purchase vegetables and fruits in larger quantities to sell. This loan would enable her to generate more income to support her family. In the future, she would like to purchase a store in the market for selling vegetables and fruits, and help her children get their bachelor’s degrees. Moreover, she hopes to rebuild her present house to make it much stronger in order 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.