Vanny is 39 years old. She is married and resides with a two-year-old child in Kampong Speu Province, Cambodia. She has been running a tailoring shop for more than a year, earning approximately $4 per day. Her husband is a policeman who makes an income of $4 daily.
To improve her family’s finance, Vanny is requesting a loan of $1,500 to purchase a farmland to use for rice farming. By doing so, she will be able to generate more income for the family. In the future, she would like to expand her farming business and send her child to a good school.
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.