Ny is 45 years old. She is married and resides with her three children in Kampong Cham Province, Cambodia. She has been selling Khmer noodles and fried bananas for more than seven years, earning approximately $12 each day. Her husband (who is joining her in the picture) is a chef who earns about $7 each day. Two of her children are employed on a rubber plantation. They earn about $8 per day. In order to improve her family’s finances, Ny is requesting a loan of $1500 to purchase rubber plants to cultivate. This money will help her run a new business and earn more income to support the family. In the future, she would like to purchase more farmland for cultivating rubber plants and to build a new house as soon as possible.
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.