Ry, age 48, is married and resides with her children in Takeo Province, Cambodia. Ry is a housewife while her husband is a recycler, earning an income of $5 per day to help cover the family expenses. Their standard of living has mproved since Ry’s husband has had this business. Ry is requesting a loan of $1200 to purchase a motorbike for her husband to transport recyclable materials to sell. This is her first loan from CREDIT, a partner of Kiva.
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.