Tes V., 30, is married and resides with her husband and young child in Takeo Province, Cambodia, an area known for its pre-Angkorean temples. She weaves Cambodian traditional silk for an income of about $2 per day, while her husband sells cows, earning an income of $3.3 per day to help cover the family expenses. V. is now requesting a loan of $1000 to purchase silk and rice for resale, and in the future would like to use any additional profit to repair her house. This will be her second loan from CREDIT, a long-standing Kiva partner in Cambodia.
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.