Sam An is 40 years old. She is married and resides with her three children in Takeo Province, Cambodia. She has been cultivating rice and fattening up animals for more than ten years, earning approximately $1 daily. Her husband runs a public transportation service (tuk tuk taxi). He earns about $5 per day. In order to improve her family’s finances, Sam An is requesting a loan of $800 to purchase cattle to resell. By doing so, she would earn additional income for the family. In the future, she would like to run a grocery store from her home and also help her children to earn bachelor’s degrees.
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.