Thouch S., 46, is a widow and lives with her relatives in Kompongchnang Province, Cambodia. S. sells groceries at her home in the village. She is able to earn an income of USD $2.50 per day to help cover the family expenses. She has been doing this business since 2002. S. and her family members try to work hard and help each other to ensure a good standard of living for the family. And they are seeking to improve their businesses as well to help with the daily necessary expenses. As a result, S. is requesting a loan of US $600 from CREDIT, Kiva’s partner. She wants to use the loan to buy more groceries to stock her store. This is her second loan from CREDIT.
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.