Seda is 31 years old. He is married and resides with his three children in Kampong Chhnang Province, Cambodia. He is a soldier who earns about $3 daily. His wife is a homemaker.
In order to improve his family’s finances, Seda is requesting a loan of $500 to purchase stocks of fish and poultry to breed in order to sell when they gain weight. This money will help him run an additional business and earn more income to support the family. In the future, he would like to expand his business and send his children to a good school.
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.