S. Pich, 33, produces carpets for the small income of $1 per day. Together Pich and her husband have eight children.
Pich's husband is involved in the business of selling blankets and nets in all the nearby provinces and places and earns a daily income of $6. She really wants to take a loan from Kiva of $1,200 to expand her husband’s business by purchasing more blankets and nets to sell. When more income is generated, she wants to eliminate the great difficulty with her family expenses.
Pich and her husband are photographed together with a pile of door carpets.
KREDIT 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.