Nareit, 30, is married, and resides with her husband and three children in Kampong Chnang Province, Cambodia. She has been running the business of buying tamarind fruit and cashew nut to resell for over three years, earning approximately USD 7 per day. Her husband is a rice farmer who earns about USD 3 per day. In order to improve her family’s economy, Nareit is requesting a loan of USD 1000 to purchase rice to resell. By doing so, she would be able to earn more money to support the family. In the future, she would like to expand her business, build a new house and help her children get bachelor’s degrees.
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.