Chanda is 29 years old. She is married and resides with her mother and two children in Kampong Cham Province, Cambodia. She has been carrying meatball and papaya salad to sell in the local community for more than four years, earning approximately $8 daily. Her husband helps her run the business.
In order to improve her business, Chanda is requesting a loan of $1,000 to purchase a tricycle vehicle to use in the business. This purchase will help her business run smoothly and faster. In the future, she would like to expand the business and send her children to a good school. Moreover, she hopes to build a new house if 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.