Cheab S., age 26, is a professional tailor and makes about US $4 a day. She has been in this business for 8 years and her husband makes US$5 a day as a mechanic. This couple live in Battambang province and have one little child. Mrs. Cheab S. is asking for a loan from Kiva via Credit to invest in a new business. She will use the loan to operate a grocery store.
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.