They have six children (a normal amount for a farming family) and one is married. Two of the older children help support the family working in a garment factory. They each make $40 per month.
Ly S. wants to develop both her farm and fishing businesses. She will apply her loan towards buying a small wooden boat with a small outboard motor. She will also buy gas for the boat and good fertilizer for her fields.
About KREDITKREDIT 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.
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