Cheang L., 24, is married and lives with her husband in Takeo province. She has one child living at home to support. Cheang weaves silk scarves and sell them at the local market to earn a living. She is able to make about $2 USD of profit each day. Her husband, pictured with his wife, is a back hoe driver and makes $5 USD a day. Cheang L. is asking for a loan of $500 USD for her husband to purchase a motorbike to commute to work.
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.