KREDIT Microfinance Institution Plc - Loans and savings for rural micro entrepreneurs
KREDIT Microfinance Institution Plc
Loans and savings for rural micro entrepreneurs
KREDIT Microfinance Institution Plc (KREDIT) is a microfinance institution (MFI) providing financial services and training to low-income earners (mostly farmers and entrepreneurs in rural Cambodia).
There is still a very high level of poverty in Cambodia. The majority of the population work in agriculture or the garment industry, but there is also a large base of micro entrepreneurs among those on very low incomes.
KREDIT offers individual loans for expanding businesses, purchasing household goods or home improvements. Other loans are designed for small enterprises or groups of borrowers. KREDIT also offers savings products, as most of its clients want to save but cannot afford to save the minimum amount required by banks.
KREDIT has been an Oikocredit partner since 2007.Download this project as a PDF