Srey is 46 years old. She is married and resides with six children in Kampong Chhnang Province, Cambodia. She has been cultivating rice and fattening up animals for more than 10 years, earning approximately $2 daily. Her husband (who is joining her in the picture) is a soldier who earns about $3 each day. Three of her children are garment workers. They earn about $9 per day.
In order to improve her family’s finances, Srey is requesting a loan of $1,000 to purchase farmland to use for cultivating agricultural crops. This purchase will help her increase income for the family. In the future, she would like to run a grocery store and help her children earn bachelor’s degrees. Moreover, she hopes 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.