Hong is 39 years old. He is married and resides with his two children in Takeo Province, Cambodia. He has been involved in breeding pig for more than two years, earning approximately $3 daily. His wife is employed in a garment factory. She makes an income of $3 per day. In order to improve his family’s income, Hong is requesting a loan of $1,000 to purchase more pigs and fodder for breeding. By doing so, he would generate more income for the family. In the future, he would like to expand his piggery and send his children to a good school. In addition, he wants to build a new concrete house.
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.