Mom, 42, is married and resides with her husband and parents in Takeo Province, Cambodia. She has been involved in weaving and breeding pigs to sell for more than 10 years, earning approximately USD 3 per day. Her husband is a construction worker who earns about USD 3 per day.
In order to improve her business, Mom is requesting a loan of USD 1,000 to purchase silk threads to use in her weaving work. This money will help her produce more clothes to sell and earn more profit to support the family. In the future, she would like to expand her business and rebuild her house to make it more comfortable for her family.
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.