S. Sopheap, 43, is a professional tailor, making $3 each day in the Takeo province. She is a widow and has three children; two are students and one is a tailor as she is. S. Sopheap would like a loan of $800 to purchase three more sewing machines for her business. She will be able to increase her profits through hiring employees to run these machines.
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.