Vann S. is a 55 year old widow who lives with one of her daughters. Mrs. Vann and her daughter have been tailors since 2003. They make silk dresses that are very expensive. People wear silk dresses during Khmer traditional weddings and other main ceremonies. Normally, this dress costs around $50 to $80 and will take around ten days to complete.
Mrs. Vann would like a loan from Kiva to purchase a hem machine and more silk in order to make more dresses.
About KREDITKREDIT Microfinance Institution Plc., 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.
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