Vorn M., 31, is single and resides with her parents in Takeo Province, Cambodia, an area known for pre-Angkorean Temples. M. produces Cambodian traditional silk, earning an income of about $2.50 per day. The family has to spend $20 on food, $6 on electricity and $22 on other necessary expenses every month. M. is requesting a loan of $500 to purchase more raw silk to produce silk products to sell. In the future, she would like to use any additional profit to repair her 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.