Mrs. Pov P. is 28 years old and lives with her husband and four children in Phnom P., Cambodia. She works at a garment factory earning $3 each day, while her husband is a tuk-tuk driver making around $5 a day. Two of her children are students and the rest are too young to attend school. This loan will be beneficially used by her husband to purchase a passenger cart to operate his tuk-tuk business. In the future, this couple would like to own a hardware store in her community so that they can make additional income and build a concrete house for their family.
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.