Chenda, 30, is married and resides with her mother, her husband, and one child in Kampong Chhnang Province, Cambodia. She has been running the business of buying poultry to resell for over four years, earning approximately USD 10 per day. Her husband helps her run the business.
In order to improve her business, Chenda is requesting a loan of USD 1000 to raise capital for her business to purchase more poultry to resell. By doing so, she will make more income to support the family.
In the future, she would like to use the further profit to expand her business and send her child to a good school. Moreover, she plans to build a new house for her mother to live separately in.
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.