Sean R., 49, is married and lives with her husband and three childR. in Kampong Cham Province, Cambodia, an area known for rubber plantations. She is a housewife and her husband earns about $3 a day by selling firewood. Each month, the family spends $50 on food, $5 on electricity, and $0.5 on their childR.'s education. R. is applying for a loan for $1,000 to buy a tuk-tuk (or motorized rickshaw) so that her son (who we see here in the photograph) can start a business as a driver. The family plans to use the additional income made possible by this loan to repair its house. 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.