Soy K., aged 49, is married and works with her husband, Soam Kean, 48, to grow rice and rear pigs. On average, she makes around US$2.50 in profits each day. Farming has become increasingly difficult as the weather is unreliable and inflation is spiralling upwards this year. This couple has five children, one of whom is married and four others who are employed in different industries.
Soy is requesting a loan of US$1,000 to purchase a cow to help plow her farm, and to purchase more pigs.
CREDIT MFI is an independent Cambodian faith-based organization. It aims to empower the economically active poor as well as 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.