Tuy S., 30, is married and resides with her husband in the Kampong Cham province of Cambodia. This couple together has three children and all of them are students. She and her husband, Uch Lim Huon, 34, have a business purchasing banana and banana blossoms from growers and selling them to the market and are able to make $5 of profit a day. On an average month, she spends $60 on food, $5 on utilities, $30 on children’s education and $15 on transportation.
She would like to take out a loan of $1000 to rent a banana farm. She believes this will increase the family income.
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.