Sary is 49 years old. She is married and resides with a twenty-five-year-old child in Kampong Speu Province, Cambodia. She has been running a cosmetics service for more than three years, earning approximately $3 per day. Her husband is a motor taxi driver who makes an income about $3 each day. Her child is a painter who earns about $3 daily.
Sary is asking for a loan of $1,000 to purchase more cosmetics to use in her business. This purchase helps her obtain enough materials for her services and to generate more income for the family. In the future, she would like to expand her business and build a new house if possible.
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.