In order to improve her family’s livelihood, Ly is requesting a loan of $1000 to purchase piglets to breed and sell when they gain weight. By doing so, she will earn more income to support the family. In the future, she would like to run an additional business of raising fish for income and help her children earn a bachelor’s degree. She hopes to rebuild her present house to make it more comfortable for the family.
About KREDITKREDIT 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.
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Success!! The loan was 100% repaid