Mrs. Soum S. is 50 years old and works as a seamstress in Phnom Penh, earning $1/day. She lives with her husband, a bodyguard, who earns $4/day, and their 5 children. Mrs. Soum S. will use this loan to purchase a motorcycle to help her business, and also to help the family cut down on transportation costs.
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.