Loa M., age 45, is married and lives in Prey Veng, Cambodia. Since 2000, she has been planting many kinds of vegetables, such as cabbage and long beans. She sells her crop at the market and earns about $7 per day. Her husband is a fisherman. Normally, he sells his catch to the market and makes $4 of profit per day.
Loa is asking for a loan of $1000 USD to make two investments. She would like to invest $300 USD in her husband's business and invest $700 USD in her farm by purchasing more fertilizer, insecticide, seeds, and gas. She sees these investments as opportunities to increase her daily income.
CREDIT MFI is an independent Cambodian faith-based organization. It aims to empower the economically active poor and small entrepreneurs by providing inclusive financial services.
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.