Mut T., 41, is married and lives with her young child and husband in the Takeo province. She makes and sells baskets and earns US$5 every day, while her husband works as a rice farmer and sells rice in the market and earns around US$13 every day. Mut T. approached CREDIT to request a loan of US$1200 for her husband to purchase rice in bulk for a special discount. She sees this as a way to increase their daily income.
KREDIT Ltd. 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.