Vanny is 51 years old. She is widowed and resides with her mother and a daughter in Kampong Speu Province, Cambodia. She has been selling fruit for more than ten years, earning approximately $6 daily. Her daughter is a garment worker who makes an income of $3 per day.
In order to improve her family’s finances, Vanny requests a loan of $700 to purchase watermelon to resell. By doing so, she would earn more income for the family. In the future, she would like to have an appropriate place for her selling. 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.