Yuhoo is forty-two years old. She is a mother of two children and resides with her husband in Kampong Chhnang Province, Cambodia. She has been running a tailoring shop for more than five years, earning approximately $3 per day. Her husband runs a taxi service (motor taxi). He earns about $3 per day. Her children are still in her care and in school.
In order to improve her business, Yuhoo is requesting a loan of $500 to purchase more cloth to produce more clothes to sell. By doing so, she will earn more income to support the family. In the future, she would like to expand her business and help her children earn bachelor’s degrees.
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.