Khim is 49 years old. She is married and resides with three children in Kampong Cham Province, Cambodia. She has been running a rubber plantation for more than five years, earning approximately $8 daily. Her husband is employed in a rubber plantation. He earns about $3 per day. Two of her children are also employed in a rubber plantation. They earn about $6 each day.
In order to develop her family’s economy, Khim requests a loan of $1000 to purchase more farmland to use for farming. This purchase will help her expand her business and earn more income for the family. In the future, she would like to use further profit to expand the business and 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.