Ly B., 42, is married and resides with her husband and three children in the Kampong Chnang province of Cambodia, an area known for palm products. She sells food for an income of $2 USD per day. Her husband is a blacksmith, earning an income of $5 USD per day to help cover the family expenses. B. is requesting a loan of $1,000 USD to buy a motorbike for her husband to commute to work and to repair the house. In the future, she would like to use any additional profit to expand her business selling food. This is 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.