Chenda is 33 years old. She is married and resides with her four children in Prey Veng Province, Cambodia. She has been involved in growing rice and fattening cattle for more than 20 years, earning approximately $5 per day. Her husband helps her run the business. Chenda is requesting a loan of $1,200 to purchase a walking tractor to use to till her farmland and rent to others. This purchase will help her generate more income to support the family. In the future, she would like to expand her business and send her 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.