Sou is 59 years old, widowed and resides with her mother in Kampong Chhnang Province, Cambodia. She has been producing stoves to sell for more than 10 years, earning approximately $11 per day. In order to improve her business, Sou is requesting a loan of $1,200 to purchase clay and metal to produce more stoves to sell. This money will help her expand her business and earn more profit. In the future, she hopes to have a bigger shop and provide better product for her clients.
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.