Svay C., 27, is married and resides in Takeo province, Cambodia, an area known for Pre-angkorean temples. C. is employed at the factory, earning an income of about USD 2.5 per day. Her husband is a blacksmith, earning an income of USD 5 per month. Each month, the family has to spend USD 28 on food and USD 40 on the other necessary expenses. C. is requesting a loan of USD 1200 to purchase a new motorbike to commute to work. This will be her first loan from CREDIT, a long-standing Kiva partner.
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.