Thai S., 26, is married with two children. She resides in Siem Reap Province, Cambodia with her husband (pictured) and children. To make a living, her husband is involved in a business of repairing electronic equipment such as stereos, televisions, and radios. He earns an income of US $6 per day and is the primary source of income for the family to help cover the family expenses. Mrs. S. is a housewife who stays at home, looking after the two young children and the household chores. This is her first loan from CREDIT, Kiva’s partner. Her family members are seeking to improve their standard of living and to generate a better income. Therefore, Mrs. S. is asking for a loan of US $1000 to purchase more electronic spare parts to expand her husbands business.
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.