Chhory S. is 38 years and sells yams in Kampong Cham province. She started her business only four years ago in 2004 and has carved out a niche for herself in the market, earning 6 US$ per day. Her husband runs a motor-taxi to contribute 4 US$ per day to the family income. The couple has one child who they currently are putting through school. Chhory S. wants to take out a loan to buy yams in bulk to boost her sales and savings for the future.
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.