Bon is 33 years old. She is married and resides with her four children in Prey Veng Province, Cambodia. She has been involved in cultivating rice and fattening up animals for more than 20 years, earning approximately $2 per day. Her husband is a construction worker who earns about $3 daily. Bon is requesting a loan of $1,500 to purchase a walking tractor to use for tilling her farmland. This purchase will help her reduce farming expenses. In the future, she would like to purchase a harvester to harvest her crops and to rent to others. Moreover, she wants all of her children to earn a higher education.
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.