Kong S., 50, has business selling rice and making baskets to sell at the market. Her business has been around for about ten years and she makes US$ 8 every day. Her husband is village chief and earns US$ 3 a day. This couple has one son and he is a rice dealer. On average, he makes US$ 10 in revenue each day. Kong S. is asking for a loan to purchase a stock of rice and a motorbike to transport rice.
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.