Seang K., 35, is married and resides with her husband and two children in Siem Reap Province, Cambodia, an area known for Angkorean Temples. She sells used clothes for an income of USD 7.5 per day. Her husband is a security guard for a private company, earning an income of USD 11 per day.
K. is requesting a loan of USD 600 to buy a motorbike to transport her used clothing to sell. In the future, she would like to use any additional profit to expand her business. 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.