Khut C., age 37, is married and resides with her husband and five children in Takeo Province, Cambodia, an area known for Pre-Angkorean Temples. She weaves Cambodian traditional silk for an income of USD 3 per day. Her husband is a teacher at a local high school, earning an income of USD 3 per day. C. is requesting a loan of USD 1200 to purchase a mechanical plow to help plow the rice field. She will use any additional profit to support the education of her children. This is her first 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.