Neang S., 50, and her husband have been growing rice and yams since 2004, earning about $15 per day in revenue. They live with six children in Kampong Cham, Cambodia. While weather conditions last year were bad, this year has seen a marked improvement, with stable rainfall, so Neang is requesting a loan from Kiva via Credit, its local partner, to purchase fertilizer and hire farm workers to grow yams.
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.