Ly S. is 49 years old and lives with her married child and her mother in Kampong Cham province, Cambodia. She is a widow and has a business as a taxi-driver. Besides this activity, she also purchases yams and cashew nuts from individual growers and re-sells them to market wholesalers. On average, she makes US$ 5 in revenue every day. Her daughter stays at home and cooks for the family members. To make more money to help support the family, Mrs. Ly S. is asking for a loan to rent yam and cashew nut plots directly from growers.
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.