x

RSS Newsfeeds

See all RSS Newsfeeds

Global Regions

Asia ( XML Feed )

Jul 1, 2016 7:29 EST

Cambodia: A portion of Sinoun Group’s $1,050 loan helps a member to purchase more cassava seeds for her farm.

iCrowdNewswire - Jul 1, 2016

Sinoun Group

 
 
 
 
 
 
 
 
 
Borrower image
 
 
 
 

Sinoun Group’s story

Sinoun, 35, is a married mother and lives with three kids schoolaged children in her care. They live in the Kampong Cham Province, Cambodia. She and her husband have been working as cassava farmers for about ten years. Both of them can makes around USD7 each day.

Sinoun, first from the right in the picture is the group leader. She has requested a loan for a group of three members. She will use her portion to purchase more cassava seeds for her farming. With this loan, she sees as a good opportunity to increase her income.

In the future, she is going to buy more farmland for growing cassava, save money to build a bigger house, and support her kids to earn bachelor’s degree.

In this group: Len, Mom, Sinoun
*not pictured

 

 

 

 

This loan is special because:

It provides add-on training services on financial management, agriculture and child protection.
 

 

Vince Main
Kiva staff

 

More about this loan

This loan is aimed at low-income and financially excluded families living in remote areas of Cambodia. As part of their commitment to social performance KREDIT have setup the Vulnerable Services Unit (VSU) to provide financial and educational services to their poorest clients. They offer flexible terms and a wide variety of training services including child protection, health care, agriculture and financial literacy. By supporting this loan you are helping to empower and educate people living in underserved rural communities

About KREDIT Microfinance Institution Plc.:

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.

 

 

A portion of Sinoun Group’s $1,050 loan helps a member to purchase more cassava seeds for her farm.

 

 

 

Contact Information:

Sinoun Group

View Related News >
support