Lay, 57, is widowed and resides with three children in Kampong Cham Province, Cambodia. She has been involved in agricultural business for over 20 years. She has extensive experience and is successful in her career. Lay is involved in growing rice and vegetables to sell. She earns approximately 5 USD per day. Two of her children are employed. One is a garment worker and the other a construction worker. They earn about 8 USD per day.
Lay wants to rebuild her present house. With this goal in mind, Lay requests a loan of 700 USD to purchase construction materials. This loan would enable her to provide convenient living conditions for her family. In the future, she would like to run an additional business in animal husbandry to generate more income and stabilize the family’s living condition.
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.