Prum C. is married and resides with his wife in Takeo province, Cambodia. He has a one-year-old child. He is engaged in the business of sewing and designing clothes, earning an income of USD 4 per day to help cover the family expenses. The family is also assisted by his wife who always helps him in the business. Their standard of living has been improved since they have had this business. C. is requesting a loan of 1,200 USD to purchase a new sewing machine to expand his sewing business and generate a better income. This is his first loan from CREDIT, partnered with Kiva.
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.