Sary Vuth, twenty-six, is widower, resides with his mother and one child in Kampong Chhnang Province, Cambodia. He has been running a business repairing televisions for over seven years, earning approximately USD 5 per day. Her mother runs grocery store and earns about USD 3 per day.
Sary Vuth is requesting a loan of USD 1,000 to purchase more tools to use in his television-repair business. This purchase would enable him to have enough tools for his reparation.
In the future, he would like to rebuild his workshop to make it bigger and purchase a new house to live separately from his mother.
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.