Luy I., age 35, pictured above, is a housewife who stays at home looking after the children and cooking food for her family members. Her husband, Te Peak, age 34, has a business catching fish and selling it to the market to earn an approximate $6 of profit each day.
To catch more fish, Mrs. Luy would like to loan from Kiva via Credit, the local partner, of $1200, to purchase a wooden boat wI. a motor and more fishing tools for her husband. This will allow him to catch more fish to sell to the market.
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.