Soth T. sells a few types of vegetables at a local market in the province, earning $3 US per day to help cover the family's expenses. She is married and resides with her young child in Takeo province, Cambodia. The family is also supported by her husband who operates his tuk tuk (motorbike with compartment attached), earning $4 US per day. Their standard of living has improved since they have started these businesses.
Soth T. is requesting a loan of $800 US to purchase a new motorbike. This is her first loan from CREDIT, partnered with Kiva. T. is shown with her husband in the photo.
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.