57-year-old Bou S. lives in Kampong Chnnang Province, where she is a professional tailor earning approximately $2 U.S. per day working from home. She has six children, three of whom are currently employed in a garment factory while the remaining four are seeking employment. She wants to take out a loan to help her purchase a sturdy motorbike that she can use to transport the clothing she works on to her clients’ homes. By providing this unusually good service, Bou hopes to gain more business and increase her family income.
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.