Eoeun P., 51, is a widowed farmer who lives in Phnom Penh, Cambodia. Since 1999, she has been growing rice and sugar cane to earn a living and is able to make US$4 each day. She has four children, one of whom is a garment worker and another is a motor-taxi driver. The weather conditions have been bad in the past year, so she needs to loan to purchase a water pump and fertilizer for her farm. She will use the rest of the money to set up a grocery stand for one of her daughters to operate from her home.
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.